The United Nations, backed by new reports from IRENA, has announced that renewable energy has reached a 'positive tipping point,' with 90% of new projects now cheaper than fossil fuel alternatives. UN Secretary-General António Guterres emphasized that market forces, not just environmental concerns, are driving this shift, as solar and wind power become increasingly cost-effective and widespread. Renewables accounted for over 92% of new electricity capacity in 2024, signaling the decline of the fossil fuel era. Guterres called on governments and the tech sector to accelerate the transition, including powering energy-hungry data centers with 100% renewables. The UN frames this moment as an unprecedented economic and environmental opportunity, urging swift action to ensure the transition is fair, inclusive, and transformative.
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