Solar & EVs Surge, China Drives Cost Down
Update: 2025-11-25
Description
Global solar power installations surged to 553 gigawatts, enough to power 100 million American homes, fifteen times the IEAs 2015 prediction. Electric vehicles also saw a dramatic rise, with 20% of new cars sold globally being electric. These trends have improved the global temperature projection to a 2.6°C increase by 2100, down from the previously predicted 4°C. Chinas massive clean energy production has significantly driven down global costs, making renewable energy the most affordable option in many markets. However, a potential second Trump presidency could set back these climate goals with policies focused on maximizing oil and gas production and rolling back environmental regulations.
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