this post was submitted on 06 Jun 2026
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iirc ~1/4 of the worlds energy production is renewable. More than 90% of all new electricity capacity worldwide came from renewable sources in 2024. Doomers want you to believe it can't happen again while we are in the very decade that is likely to change the world. Public policy doesn't even matter at this point, renewable energy is cheaper, so nearly all new investments are in renewables.
That's only the case because it was the cheapest option available for a while. Oil execs noticed the trend and got cold feet, now a lot of governments are cutting back subsidies for renewables and actively hinder new projects being build. Here in germany we have investors abandoning half build solar parks cause they aren't profitable anymore. At the same time we allow oil companies to bid for gigantic offshore projects just so they can say that they have no interest in actually building it after they won.
With the ozon hole you could see the world working together to fix it despite it beeing somewhat less profitable. With renewables you can see governments actively working against the movement despite it being the best in terms of environment and profits combined.
We could stop producing all greenhouse gases today, and the planet would continue warming for 100 years. it's a pretty tough problem we have on our hands.