When we talk about good tipping points, then we’re referring to technology transitions and the move from old technologies based on fossil fuels, to new ones, the zero-emission technologies.

The crucial thing is, before a tipping point, the force in the system is trying to hold back the transition. You’ve got people finding that the older technology is still more convenient or more attractive or cheaper. And it takes real effort to try and help the new technology grow and establish itself.

But beyond the tipping point, actually, it’s reversed and the momentum is with the new technology. It’s growing fast, and it’s benefiting from these really strong, reinforcing feedbacks – the more people buy it, the more people invest in it, its cost comes down, it improves, and then more people want to buy it, and this keeps going around and around. Once you’re past that tipping point, the transition tends to accelerate.

A third tipping point, which we’re coming up towards, is when renewables plus energy storage become cheaper than coal and gas power. There’s a piece of analysis from researchers at Exeter University which predicts that by the end of this decade, solar power plus storage will be half the cost of coal in big markets, in the EU, China, India, Japan, the US. So actually, we’ll cross that tipping point really soon in the next few years.

Source: https://www.bbc.com/future/article/20230414-climate-change-why-2023-is-a-clean-energy-milestone

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