IEA: Adopting Cleantech Could Save $100 Trillion by 2050
The
once staid International Energy Agency continues its string of blunt,
must-read reports laying bare the reality of our climate and energy
system.While so many “experts” and politicians make hand-waving
pronouncements about how the primary solution to climate change is more
R&D or how cheap natural gas is the answer to our problems, the IEA
is one of the few international bodies with a comprehensive energy and
economic model that cuts through the BS.As their new report, Energy
Technology Perspectives 2012, makes clear, new natural…Read more...
IEA Calling for an Extra $36 Trillion to be Invested in Clean Energy
In
a new 700 page report by the International Energy Agency, Executive
Director Maria van deer Hoeven has stated that governments and private
investors must work much harder if they truly want to reduce global
warming to acceptable levels.The IEA is calling for an extra $36
trillion of funding for clean energy projects by 2050, after claiming
that current investment is just not enough. Governments must set higher,
more ambitious renewable energy targets, form carbon emission taxes in
order to encourage reductions, and end all subsidies for fossil…Read more...
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