UN Reports Indicate Renewables Have Reached Cost Tipping Point Versus Fossil Fuel
Two United Nations reports indicate that renewables have reached the cost tipping point compared to fossil fuels. The reports describe a ‘positive tipping point’ characterized by a worldwide shift to renewable sources of energy like wind and solar. Fossil fuels still fulfill a greater portion of the world’s energy demand, particularly in energy-intensive industries like manufacturing and transport. However, renewables are catching up at an incredibly rapid pace in both affordability and adoption. In fact, the UN reports say, renewables such as wind and solar have reached a tipping point where they will become even more widespread and low cost.…
