The now traditional early-January announcement of a new hottest year on record is a stark reminder — if one were needed — of the global need to transition from fossil fuels to renewable energy.
Last month’s pledge by world leaders at the COP28 summit in the UAE to triple global renewable energy capacity remains a daunting, but not impossible, prospect. Renewable energy capacity increased by 50% in 2023 — the fastest annual increase on record — thanks to rapid expansion in China, Europe, the US and Brazil.
