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Now, shoring up energy systems means bringing renewables online to prevent more extreme climate change — especially as climate-fueled disasters like heatwaves and storms increasingly threaten power grids across the world.

With renewables now the cheapest power source, solar and wind energy are loosening fossil fuels’ grip on the global economy.

The IEA now expects electric heat pumps outselling fossil fuel boilers globally by the end of the decade.

The Paris agreement commits nearly 200 countries to working together to limit global warming to around 1.5 degrees Celsius above the preindustrial era.

And the report points to a potential glut in fossil gas supplies even though that runs counter to global climate goals.

Meanwhile, world leaders are set to convene in Dubai in December for a United Nations climate summit where a global deal to phase out fossil fuels could be on the table.

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