US President Donald Trump’s decision to quit the Paris climate deal is a bad business decision for America, said global policy network REN21 after a record-breaking 2016 for renewables that saw them trounce other energy sources on costs.

Christine Lins, executive secretary of REN21, told Recharge the addition of a best-ever 161GW of renewable capacity last year, falling costs for wind and solar, and growing commitment from governments and corporations prove the global energy transition is well underway.