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Visit Simon L's column >>

SIMON L

Leftwing Environmentalist Humanist
Articles Posted: 49  Links Seeded: 338
Member Since: 1/2006  Last Seen: 8/22/2011

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Energy revolution = money saved

Seeded on Thu Jul 12, 2007 2:38 PM EDT
Read ArticleArticle Source: Greenpeace News
us-news, climate-change, global-warming, greenvine, renewable-energy, greenpeace, co2-emissions, energy-revolution, un-environment-programme, action-aid, millennium-development-goals-mdgs
Seeded by Simon L
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US$180 billion. Per year. That's the massive amount of money the world could save by moving to a renewable energy future. The Future Investment report demonstrates that a safe renewable energy future would not only cut our global CO2 emissions from the electricity sector in half by 2030, it would also cost 10 times less than a 'business as usual' fossil-fuel future would.

By shifting global investments to renewable energy (including solar, wind, hydro, geothermal and bio energy), within the next 23 years, and away from dirty and dangerous coal and nuclear power, we can save a massive US$180 billion a year.

So we face a simple but crucial choice: we can either invest in over 10,000 new polluting coal and gas power plants, which would double fuel costs and increase C02 emissions by more than 50 percent. Or we can choose a safe renewable energy future, producing 70 percent of the world's electricity from our planet's natural resources.

By doing this we would not only save money but also cut CO2 emissions from the electricity sector in half by 2030.

...

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