this post was submitted on 02 Jan 2025
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I don't know too much about the median income, but I'd wager that it was mostly because the really poor country got a bit better off. Also, at least according to Wikipedia, the latest definition of extreme poverty was made in 2015, before the recent inflation spikes.
And "beat expectations" is just a non-statement. What were the expectations? And how does it matter if we're still on track for a climate catastrophe? We've crossed the 1.5°C target.
That's what happened. The bimodal world income distribution has become unimodal as the working class of East Asia has seen a lot of improvement. Inequality in the first world went up since a lot of working class jobs left their countries while the wealthy were able to get richer.
Hey, I'll take poor countries getting a bit better off before any benefits to any American any day. That's good news, so point made.
As for "beat expectations", I was going off a specific study showing multiple official forecasts and how far behind actuals they all were, but unfortunately I don't have it handy.
But the data is the data, so here's another example from an Australian blog post: https://evcricketenergy.wordpress.com/2025/01/02/2030-renewables-in-australia-forecast-2024-update/
And some data on renewable generation overtaking fossil fuels in the EU: https://ember-energy.org/app/uploads/2024/09/Report_Wind-and-solar-overtake-EU-fossil-fuels-in-the-first-half-of-2024.pdf
I don't know why people look at this as such a binary. Climate change isn't an on-off switch. This has to happen regardless. Faster is better than slower. Climate catastrophe or not, we need to figure this out, it's about how bad things get before we do and how much extra work and impact we have to deal with from going over certain thresholds. Going over 1.5 doesn't mean we can give up now, we still have to get the renewable transition done, even if now we also have to deal with a bunch of humanitarian crises that wouldn't have happened had we transitioned sooner.