Wind and solar energy use is expected to be up by a third this year, from 2019 levels, for example.
The value of global subsidies on fossil fuels dropped by more than 40 per cent in 2020, compared with the previous year. And, divestments of fossil fuel assets by pension funds, educational institutions, governments and other organisations continued to rise — up to $14tn in 2020 from $11.5tn the previous year. But, the authors conclude, the scale of climate action presently is not enough to reverse key trends of concern.
https://www.ft.com/content/a52f32ea-c9ed-4bcd-8eef-8eb9ca8da2b1
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