06 July, 2015

Renewable energy crosses significant threshold


A

 significant threshold has been crossed by renewable energy as analysts report that the sectorʼs size last year reached double the level it was at just 10 years earlier.

Removing fossil fuel and hidden nuclear subsidies globally would make it evident that renewables are the cheapest energy option.

This expansion happened in a year when the global economy and energy use both grew, but without a matching rise in emissions of carbon dioxide—the main greenhouse gas targeted in efforts to restrain global warming.

The report by REN21, a global renewable energy policy network, says the result is an example of sustainable development. Despite the worldʼs annual 1.5 percent increase in energy consumption in recent years and 3 percent GDP growth last year, 2014ʼs CO2 emissions were unchanged from 2013ʼs total of 32.3 billion tonnes.

No comments:

Post a Comment