Renewable energy and EVs have grown so much faster than experts predicted 10 years ago

Most climate reports are bleak. Temperatures are soaring. Sea levels are rising. Companies are missing—or abandoning—their emissions targets.

But a new report from the nonprofit Energy & Climate Intelligence Unit looks at the surprising amount of progress that’s happened since the Paris climate agreement 10 years ago.

Renewable energy has grown faster than every major forecast predicted in 2015. There’s now four times as much solar power as the International Energy Agency expected 10 years ago. Last year alone, the world installed 553 gigawatts of solar power—roughly as much as 100 million U.S. homes use—which is 1,500% more than the IEA had projected. Investors are now pouring twice as much into renewables as into fossil fuels.

One out of every five new cars sold is now an EV; a decade