Solar pivot: a massive global solar boom is disrupting energy markets and speeding the transition
This new report from Australian think tank Climate Energy Finance says booming solar investments is leading to a potential tipping point which could “dramatically accelerate the decline of the incumbent fossil fuel industry, and the decarbonisation of the world economy.” Climate Energy Finance (CEF), established in 2022 by leading Australian clean energy expert Tim Buckley, published its new report, entitled ‘Solar pivot: A massive global solar boom is disrupting energy markets and speeding the transition’. Combining comprehensive analysis of a raft of developments core to the ongoing boom in solar investments, the report concludes that we are on the verge of “a series of global cascading energy tipping points” that could dramatically reshape the global energy landscape.