Booming green power might not be enough to meet climate targets

Electricity capacity from renewable energy is set to expand by as much as 50 per cent in the next five years, bolstered by government support and falling costs. But more would be needed to slow down warming of the globe.

Those gains represent an increase of about 1,200 gigawatts from 2018 to 2024, equal to the total installed capacity in the US, according to a report published on Monday by the International Energy Agency.

Countries are adding more clean power as a key part of efforts to de-carbonise energy supply, but its still not fast enough, said the organisation that advises rich nations on energy policy.