For the First Time Ever, Developing Countries Added More Clean Power Capacity Than Fossil Fuel

This exciting new report shows that – for the first time ever – clean energy has won out over fossil fuels in developing countries.

Out of the 186 gigawatts of new power capacity that was built in developing nations in 2017, over half of it was wind and solar power.

According to the report, BNEF’s annual Climatescope survey, developing nations even added more clean energy capacity than richer countries that previously cautioned them to avoid pursuing alternative energy technologies because they were too expensive.

In total, developing nations contributed 114 gigawatts of clean energy capacity compared to 63 gigawatts that were added by wealthier nations.

“This marks a remarkable turnabout from a decade ago when the world’s wealthiest countries accounted for the bulk of renewable investment and deployment activity,” reads the report. “Developing nations at the time were viewed as holding enormous promise only; wind, solar, geothermal and other clean technologies were regarded as too expensive for mass deployment.”

By accounting for clean energy investments and installations from 103 countries, Climatescope ranks Chile as the leading champion of renewable energy with India following closely behind in second place after they jumped up from its fifth place ranking in 2016.

The report goes on to detail how new coal power has fallen by almost half since it peaked at 97 gigawatts in 2015.

The exciting data proves that – contrary to what wealthier countries might say – developing nations are the ones driving down clean energy costs and making them more competitive against fossil fuels.


https://www.goodnewsnetwork.org/for-first-time-ever-developing-countries-added-more-clean-power-capacity-than-fossil-fuel/

The main reason that "wealthier" countries warn people against alternative energy sources is because the coal companies want them to build more coal-fired power stations...

And so, the coal-industry lobbyists are flooding the media with total lying bullshit stories about mythical "base load" energy requirements, non-existent "clean coal/high efficiency-low emission" power stations, and "sustainable" mining industries  --  a complete load of bollocks, but industry lobbying and 'corporate shill' politics aren't covered by 'Truth in Advertising' laws..

One of the leading reasons that countries like the USA, Australia and similar "first world" countries are dragging the chain on renewable energy --  and why technology developed in our countries is being taken up by Asian rather than domestic manufacturers  --  comes down to how much 'undue' and disproportionate influence the mining and oil corporations have over our governments.

And why major coal, gas and oil producing countries are so active working against climate change research and reduction_policy-making efforts..