- 10-Second Climate
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- ⏳ 10-Second Climate
Climate & energy are changing everything.
A new age of cheap, abundant energy beckons. Yet we’re not cutting emissions fast enough to avoid serious consequences.
A new world is coming - one way or another.
This is the fastest way to keep up.
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What mattered this week
We have made progress since Paris 2015 🥳
What happened? Big COP treaty ten years ago. Turns out, we’ve made a lot of progress since then.
Examples?
Growth in carbon averaged only 0.3% p.a. vs. 1.7% decade before.
We’re doing 12x more solar now than we forecasted
10x increase in renewables investment, now double fossil fuels
Likely to hit EV targets 10 years ahead of schedule
Read more: ECIU
Petrol cars now 24% European sales 🥳
What happened? 67% new cars in Europe have a battery
Break it down? Hybrids 35%; Pure EVs 21%; PHEVs 11%
Read more: CleanTechnica
They get it: Illinois to build 3GW batteries because it will save $12B 🥳
What happened? About 13-to-1 investment returns
Why does it matter? Batteries are killing it. Even in Trump’s America.
Read more: PV Magazine
One thing to worry about
A reminder. Average is 20th Century.
Red line goes up 😔.
One thing to be optimistic about
Electric cars are just better cars.
The inimitable Rory Sutherland explains why, and that going back will never make sense. 🥳
If you’ve got more time…
A renewables world is an electrified world 🥳 .
That alone is a step forward.
Why? Watch this.
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