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On climate, sobering reality and heartening optimism

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By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on Forbes or enjoy below

🗞️ Driving the news: Recent headlines reveal that climate change is reaching alarming tipping points, with extreme weather events becoming more common
• Simultaneously, positive news emerges as clean energy technologies near their own turning points, signaling a significant shift towards renewable energy

🔭 The context: Climate change is not just about rising average temperatures; it exacerbates extreme conditions. Various natural systems are affected, creating feedback cycles that intensify climate change
• New records are being set for temperatures, and unprecedented weather events are becoming the norm
• Yet, the rapid expansion of renewable energy and technological innovations offers hope

🌎 Why does it matter for the planet: As climate extremes become the norm, the planet's ecosystems are put at risk
• However, the acceleration of clean energy technologies, policy initiatives, and investments into sectors like solar power and wind energy promise to offset some of these negative trends

⏭️ What's next: Continued focus on climate change policy, technological advances, and investment in clean energy is crucial. Governments and industries must work together to achieve net zero, with the potential to increase renewable energy capacity, introduce strong pollution standards, and fund industrial clean tech projects.

💬 One quote: "In a world where new climate disasters seem to unfold daily, it is vital to celebrate climate policy and clean energy technological advances to keep moving forward at speed and scale" (Hal Harvey, Founder of Energy Innovation)

📈 One stat: According to the International Energy Agency, installed solar power capacity is expected to nearly triple this decade, growing by almost 1,500 gigawatts over the period, exceeding natural gas capacity by 2026 and coal capacity by 2027

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