Saturday, 7 June 2014

Scaling up Renewable Energy Will Save Money And Help Climate

New research from the International Renewable Energy Agency (IRENA) suggests that scaling up the percentage of the world’s renewable energy usage to 36% of the world’s total energy consumption by 2030 is not only going to be healthy for the environment, but is also able to produce savings of up to $740 billion per year on costs associated with pollution from fossil fuels.

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The report, “REmap 2030″, explains that scling up to 36% renewable energy by 2030 will keep planet Earth on track to hold carbon dioxide levels at 450 parts per million (ppm) by 2100, “the widely accepted threshold to limit global temperature increase to two degrees Celsius above pre-industrial levels”.

“The central policy question is this: What energy sources do we want to invest in? Our data shows that renewable energy can help avert catastrophic climate change and save the world money, if all costs are considered,” said Adnan Z. Amin, Director-General of IRENA, in New York.

“In answering this question, ‘REmap 2030’ makes a clear case for renewables. It shows the transition is affordable based on existing technologies, and that the benefits go well beyond the positive climate impact. Countries today face a clear choice for a sustainable energy future.”

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