**HINT**
As you suggested, you have $$ P_{n+1} = P_n + P_{n-1} \ge \left(\sqrt{2}\right)^{n-1} + \left(\sqrt{2}\right)^{n-2} \ge 2 \cdot \left(\sqrt{2}\right)^{n-2} $$
Can you finish this?
**UPDATE**
Note that this relies on Strong Induction (which is equivalent to regular induction but easier to prove sometimes, like here). Namely, the inductive step is that if $P_1, P_2, \ldots, P_n$ all hold, then $P_{n+1}$ holds as well...
**UPDATE 2**
Note that $2 = \left(\sqrt{2}\right)^2$, so what is $2 \cdot \left(\sqrt{2}\right)^{n-2}$?