King Solar

Some sunny news has brightened a bleak season. A new International Energy Agency report projects that renewable energy will account for 80% of new global electricity generation by 2030. Solar will grow this rapidly due to technological advances and cheap prices alone, and even faster with policy inducements. The coming dominance of solar and wind will dethrone King Coal, whose share of total power generation is projected to fall from 37% to a smaller, but still too high, 28%. The key uncertainty lies with the fate of oil production, which according to the report will flatten but not fall, absent major policy changes. Thus, meeting climate targets demands such changes. Accelerating favorable trends with renewed political action can bring a deep energy transition and a safer future.
MacroScope Key

Bodes well for the future
Bodes ill
Ambiguous
Journey to Earthland
The Great Transition to Planetary Civilization

GTI Director Paul Raskin charts a path from our dire global moment to a flourishing future.
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