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New figures show we’re using more energy and still pumping out more emissions—so why aren’t we moving the dial? //
renewables mainly picked up market share forfeited by another source of carbon-free power, rather than seizing it from fossil fuels. Once you add that to the increasing use of natural gas and coal use to fuel economic growth, it’s no surprise that the world still isn’t making a real dent in energy emissions, decades after the threat of climate change became clear. //
Many nuclear power stations around the world, however, are due for retirement or are already being decommissioned. Meanwhile, little new capacity is coming online thanks to tougher regulations and safety concerns intensified by Japan’s Fukushima disaster in 2011, as well as steep operating and development costs //
As things stand, the world’s retiring plants will remove around 200 gigawatts by 2040. That will make it nearly impossible to reach those targets unless companies and policymakers decide to extend the life of those facilities, or get busy building many more.