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Global Renewables Surpass Coal Amidst Policy Shifts and US Project Delays
Connecticut Governor Ned Lamont signed Public Act 26-127 on July 15, 2026, extending the state's solar programs through 2035 to boost affordability and support battery storage. This legislation also streamlines permitting and targets benefits for communities with high energy burdens.
UPDATE: President Trump's "clean energy" policies have been linked to $82.9 billion in delayed or canceled projects, affecting over 111,000 jobs, and could add $11.6 billion annually to U.S. household energy bills from 2027-2033. Federal judges surprisingly allowed five offshore wind farms to resume construction despite the administration's national security concerns.
Globally, renewable energy achieved a historic milestone in 2025, surpassing coal as the single largest source of electricity for the first time, as reported by IRENA on July 14, 2026. Renewables comprised 31.7% of global electricity generation in 2024, growing by 9.8% that year.
The Bottom Line
Global renewable energy adoption is accelerating, with renewables now the leading source of electricity, yet U
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