Report Says Wind, Solar Energy Growth in EU Undercutting Fossil Fuels
Recent data has revealed that solar and wind energy growth in the European Union has begun undercutting fossil fuels. A report by think tank Ember found that energy generation from the two renewables has surged by 46% from 2019 to 2023 and eaten into one-fifth of the fossil fuels’ energy market, taking the EU a step closer to achieving its carbon-neutrality goals. Aside from the plan to achieve net neutrality by 2050, the current European Commission also proposed generating 45% of the regional bloc's energy from renewables by the end of the decade. Most climate experts agree that transitioning from…
