The Renewable Energy Paradox: Why Clean Power Isn't Replacing Fossil Fuels Fast Enough Despite Lower Costs

Nov 18, 2025 01:44 pm CST

Despite renewable energy becoming more affordable than fossil fuels for utility-scale electricity generation, its global adoption faces significant challenges, especially in developing countries. While clean energy accounted for 46% of global power capacity in 2024, financial barriers, regulatory delays, and political obstacles continue to slow the transition. International cooperation to reduce financing costs in emerging economies is crucial to prevent decades of locked-in emissions and realize the substantial economic, health, and climate benefits of renewable energy.