A Fully Green Future Could Be Close
As prices of wind and solar get more in line with the price of fossil fuels, the world is nearing a fundamental shift in the energy mix. Additionally, we as a society are becoming more reliant on renewable energy.
Visual Capitalist writes that a fully green future could be closer than you think. With each passing year, the steadily declining price of renewable energy makes it increasingly competitive against fossil fuels.
A recent United Nations report estimates that renewables must make up 70% to 85% of electricity by 2050 to combat the dire effects of climate change.
The good news? Embracing renewable energy is becoming easier on the wallet. Most renewable energy sources are becoming cheaper and quicker to produce, and it’s speeding up widespread adoption.