This is the proposal where the news is genuinely good. Renewables passed coal in the global electricity mix for the first time in 2025 — about 34% of generation against coal's 33%. Solar PV alone delivered the largest one-year increase from any source on record outside of post-crisis rebounds. Battery storage capacity grew roughly 40% in a single year.
The catch: we sit at about 5.15 TW of renewable capacity against the COP28 pledge to hit 11 TW by 2030, and IRENA does not think we make it without significant acceleration. AI data center demand is propping up natural gas — and in some places coal — muddying the trajectory.