Wind and solar power are now the cheapest way to add new power in two thirds of countries around the world and they will make up almost half of the electricity system by 2050, a new report claims.
BloombergNEF’s New Energy Outlook (NEO) 2019 says that renewable energy deployment is happening so quickly that it will put the world on track to limit global temperature rises to 2C by 2030. Staying on that path to 2050 will be much more difficult, though.
