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Bloomberg (November 14)

2021/ 11/ 15 by jd in Global News

The language of COP26 “crystallizes the more important reality that’s emerging away from the conference halls in power stations, industrial facilities and government offices around the world. In its modest way, it also helps edge that process along.” Since the 2015 Paris Agreement, electric cars have taken off beyond expectations and renewables are now “undercutting” fossil fuels for power generation: “one reason we’ve seen the likes of Indonesia, Vietnam, Poland and South Korea sign up to end the coal-fired electricity that they’ve been dependent on.”

 

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