Before the sensation of New Year’s completely wears off, it pays to look back on what was a no-nonsense year in humanity’s attempt to prevent the planet from warming 1.5°C.
A lot of the big players stepped up with major adoption of climate technologies, and past efforts to mitigate or reduce emissions are now shown to be working.
It doesn’t seem to be all token gestures either, as the International Energy Agency said that the progress made this year may actually help achieve the 2030 goals agreed to in the Paris climate agreement.
Let’s take a look back before a great leap forward.
1) Solar investment shines
Nowhere were these sunny headlines more true than in China, which led the world in the installation of new solar farms. The PRC was already the world’s largest market for solar panels and solar power, and it’s estimated that the government has overseen the installation of between 90 and 120 gigawatts of solar power—a truly remarkable figure.
It represents a 30% rise year-over-year in the installation of new solar energy, with 87.1 gigawatts brought online in 2022.
2) Renewables might beat out global warming
China led the way in renewable energy installation, but only in the way that one bicycle sits at the top of a peloton. At COP last year, 200 countries signed an agreement to triple the global renewable energy capacity to 11,000 gigawatts by 2023.
A subsequent report from the IEA found that such an increase is around where humanity needs to be to prevent 1.5°C of warming by 2030.
The key to this goal, some have speculated, is the complete buy-in from the world’s superpowers.
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