A flurry of summits this week across Dubai addressed the threat of climate change, or at least acknowledged that a pivot away from fossil fuels toward cleaner sources of power is needed to keep temperatures from rising.
The world must take “radical action” by investing $5.7 trillion in private and public money each year through 2030 to shift away from fossil fuels and ensure the planetary warming they cause doesn’t pass dangerous thresholds, the International Renewable Energy Agency says.
Almost two-thirds of wind and solar projects built globally last year will be able to generate cheaper electricity than even the world’s cheapest new coal plants, according to a report from the International Renewable Energy Agency.
Canada added fewer megawatts of renewable energy capacity in 2020 than any of its G7 counterparts, according to new figures from the International Renewable Energy Agency (IRENA). However, there's more to this.
“We sometimes get obsessed with the absolute number. We should be thinking about the quality and types of jobs that end up coming into a Canadian environment," says Stewart Beck, head of the Asia Pacific Foundation of Canada.
Asia is leading the global surge in renewable energy jobs. In 2017, the renewable energy industry broke a symbolic threshold, employing over 10 million people, according to the International Renewable Energy Association's latest research.