Leveraging Coronavirus Stimulus to Take a Giant Leap Towards Decarbonization

By [email protected] The coronavirus pandemic has provided a glimpse into the challenges and opportunities posed by a more rapid transition to a 100 percent renewable energy future. In the early months of COVID-19, for example, electricity demand dropped, as many businesses closed and factories either halted or drastically scaled back their operations.

While electricity demand has faltered during the global pandemic, the share of wind and solar generation has continued to increase. Wind and solar produced 10 percent of global electricity between January and June in 2020. In the European Union, renewables accounted for 33 percent of all power generation. According to the

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