(Photo: @joebiden on Instagram)
With the inauguration of president-elect Joe Biden later today, the world’s second-highest CO2-emitting country – and, by extension, the rest of the western world – gets a more climate-aware leader.
North America, led by the US, is a major developing market for green energy production and will play an important part in the wind industry over the coming decades. The International Renewable Energy Agency (IRENA) estimates that North America will carry out 23 % of onshore wind installations and 16 % of offshore wind installations globally by 2050.
But this is not only good news for the west. For the first time ever, China, the US, EU, Japan and South Korea – who together make up two-thirds of the world economy and over half of global greenhouse gas emissions – all have committed to reaching net-zero emissions by 2060 at the latest.
We think that’s worth celebrating!