Giving Compass' Take:

• The World's Energy Report card, released by the International Energy Agency, found that while we are improving in solar and offshore wind installation, the world is failing in transportation, equity, and overall progress. 

• How can donors play a role in building momentum on driving climate solutions that center on alternative energy sources?

• Learn about meeting America's energy needs without fossil fuels. 

The world just got its energy report card … and at best, its grades are mixed.

Every year, the International Energy Agency releases a mammoth report detailing the world’s progress toward providing clean energy to all. This year’s report is 810 pages long, but here’s the take-home message: We’re improving in two areas (solar and offshore wind installation), but failing three subjects (transportation, equity, and overall progress).

  • Solar photovoltaic panels: According to IEA data, solar capacity has already surpassed nuclear, and the agency projects that it will rapidly overtake wind, hydroelectric, coal, and gas. However, it’s important to remember that capacity is the amount of electricity any of these power sources could produce when running full out — something solar panels can only do in full sunlight.
  • Offshore wind: There’s a trillion-dollar industry waiting to be created with floating deep-sea platforms and skyscraper-sized turbines, according to the IEA. Ocean wind could easily supply all the world’s electricity, if price were no object. Realistic expense assumptions, however, still suggest rapid growth: Offshore wind turbines generate less than 1 percent of the world’s electricity, but cost reductions could allow that number to grow to more than 5 percent in the next 20 years.

FAIL:

  • Transportation: The world is reducing emissions from cars by improving gas mileage and introducing electric vehicles.
  • Equity: Some 850 million people worldwide don’t have electricity, and many more — 2.6 billion — still rely on wood and dung for cooking, with disastrous consequences for both health and the environment. From Africa to South Asia, dozens of countries are doing important work to give people access to modern energy sources.
  • Overall progress: Even if countries fulfill their big energy ambitions, which IEA calls the world’s “stated policies,” it won’t be enough to drive down emissions and keep average global temperatures from warming more than 1.5 degrees Celsius (2.7 degrees Fahrenheit).

Read the full article about the world's energy report card by Nathanael Johnson at Grist.