How the market trends behind the expansion of solar and wind energy are too powerful to stop entirely.
At every light switch, power socket, and on the road, an unstoppable revolution is already underway. Technologies that can power our lives and jobs while doing less harm to the global climate — wind, solar, batteries, etc. — are getting cheaper, more efficient, and more abundant. The pace of progress on price, scale, and performance has been so extraordinary that even the most optimistic forecasts about green tech in the past have turned out to be too pessimistic. Clean energy isn't just powering our devices, tools, and luxuries — it's growing the global economy, creating a whole suite of new jobs, and reshaping trade. And despite what headlines may say, there's no sign these trends will reverse. Political and economic turmoil may slow down clean energy, but the sector has built up so much momentum that it's become nigh unstoppable. Take a look at Texas: The largest oil- and gas-producing state in the US is also the largest in wind energy, and it's installing more solar than any other. Texas utilities have come to realize that investing in clean energy is not just good for the environment; it's good business. And even without subsidies and preferential treatment, the benefits of clean technologies — in clean air, scalability, distribution, and cost — have become impossible to ignore. And there's only more room to grow. The world is still in the early stages of this revolution as market forces become the driver rather than environmental worries. In some US markets, installing new renewable energy is cheaper than running existing coal plants. Last year, the US produced more electricity from wind and solar power than from coal for the first time. If these energy trends persist, the US economy will see its greenhouse gas emissions diminish faster, reducing its contribution to climate change. The US needs to effectively zero out its carbon dioxide emissions by the middle of the century in order to keep the worst damages of climate change in check. Now, just a few…
Umair Irfan, Benji Jones, Adam Clark Estes, Sam Delgado