We Have Solutions to the Climate Crisis. Now We Must Act.
Summary
This statement from RMI argues that the climate crisis is an immediate planetary emergency requiring the rapid deployment of a broad spectrum of clean technologies and the accelerated retirement of carbon-intensive assets to avoid irreversible climate feedback loops.
Key insights
- The cost of clean energy technologies has decreased significantly since 2010, with wind and solar costs dropping by 60%–80% and battery costs falling by 85%.
- Electric vehicle (EV) adoption is accelerating; plug-in vehicle sales in the first half of 2021 more than doubled compared to the previous year, significantly outpacing the 29% increase in total vehicle sales.
- Addressing the climate crisis requires the immediate cessation of fossil fuel subsidies, the rapid shutdown of coal plants, and a ban on new fossil fuel infrastructure, including gas distribution systems and highway expansions, despite the risk of stranded assets.
- Financial market analysis from Carbon Tracker indicates that oil, gas, and coal reserves could see their value slashed by nearly two thirds due to rising investment risk, lower prices, and falling demand.
- There is a critical urgency to scale clean solutions and shut down dirty systems to prevent climate system feedback loops from pushing the planet into a "hothouse earth scenario."
Cite the original document
- APA
- RMI (2021). We Have Solutions to the Climate Crisis. Now We Must Act. https://rmi.org/resources/we-have-solutions-to-the-climate-crisis-now-we-must-act/
- Chicago
- RMI. We Have Solutions to the Climate Crisis. Now We Must Act. 2021. https://rmi.org/resources/we-have-solutions-to-the-climate-crisis-now-we-must-act/.
- Wikipedia
- {{cite press release |author=RMI |title=We Have Solutions to the Climate Crisis. Now We Must Act. |date=9 August 2021 |url=https://rmi.org/resources/we-have-solutions-to-the-climate-crisis-now-we-must-act/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{rmi2021have, author = {{RMI}}, title = {{We Have Solutions to the Climate Crisis. Now We Must Act.}}, publisher = {RMI}, year = {2021}, month = aug, url = {https://rmi.org/resources/we-have-solutions-to-the-climate-crisis-now-we-must-act/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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