Coal based energy has been one of the largest contributor to greenhouse gases. But, the world is moving in the right direction to curtail its usage.
Last year’s COP21 summit at Paris saw huge mobilization from energy leaders all across the world. There was a comprehensive push for ‘100% renewable’ by business executives, political leaders as well as the environmental activists. If recent International Energy Agency (IEA) report is any indication, world is on the right track to achieve this target. According to the report, renewable energy has surpassed coal to become the largest source of power capacity for the first time in human history.
In the revised estimates, renewables will be responsible 28 percent of electricity generation by 2021. "We are witnessing a transformation of global power markets led by renewables and, as is the case with other fields, the centre of gravity for renewable growth is moving to emerging markets," said IEA executive director Fatih Birol. More than 65 percent of this capacity will come from development in China, the U.S., the European Union and India ― also the world’s four biggest polluters.
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