
Fossil fuels 'flailing and failing', UN chief declares

In a landmark speech at United Nations Headquarters in New York, Secretary-General António Guterres declared the fossil fuel era “flailing and failing,” urging world leaders to embrace what he called an “unstoppable” clean energy revolution. The address, delivered on 22 July, marked a pivotal moment in global climate diplomacy ahead of the COP30 summit in Brazil this November. Guterres cited dramatic cost declines in solar and wind energy, now 41% and 53% cheaper respectively than fossil fuel alternatives, according to the International Renewable Energy Agency (IRENA). In 2024, renewables accounted for 92.5% of all new electricity capacity added globally, with every continent installing more clean power than fossil fuels. “There are no price spikes for sunlight. No embargoes on wind,” Guterres said, referencing energyy price shocks triggered by Russia’s Ukraine invasion.. He warned that fossil fuel dependence exposes economies to geopolitical turmoil and undermines energy sovereignty. The Secretary-General has also condemned continued fossil fuel subsidies, which outpace those for renewables by a ratio of 9 to 1. In 2023, fossil fuel subsidies reached $620 billion globally, compared to just $70 billion for clean ene