Today, half the world’s population lives in countries where it costs less to build and operate new wind or solar plants than to operate existing coal or gas-fired power plants, let alone build anew. With each passing year, the cost advantage of renewables is growing.
The poorest countries can shift from dung and firewood directly to renewables, bypassing the carbon-intensive phases of coal, oil and gas required by past generations. More developed countries can afford to phase out fossil fuels. That is already beginning to happen. In 2020, renewables supplied more than 80 per cent of global growth in electric capacity.
The arc of development bends toward greener energy, however these natural processes do not move speedily enough to avoid catastrophe as in Sri Lanka. Because the pace of the energy transition sometimes depends as much on a country’s politics as on its level of development.
Under this sinario it is an inescapable fact that the pace of this energy transition very much depends on the politics of a country and its level of development as witnessed in Sri Lanka. Thus there is a need to accelerate these processes into our government policies, sooner it is done the better!
Northern Breeze 