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Green energy would save EU trillions by 2050 -report
Barbara Lewis, Reuters
A green revolution to make EU energy almost totally carbon-free by 2050 would generate 3 trillion euros ($3.9 trillion) in fuel savings, a report commissioned by environmental campaigners said…
Commissioned by Greenpeace and the European Renewable Energy Council (EREC), the 2012 Energy evolution report lays out steps towards almost carbon-free energy. They include curbing energy demand through greater efficiency, increasing investment in wind and solar power and phasing out subsidies for carbon-intensive energy, such as coal.
To bring about the energy transformation, it sees a need to invest about 99 billion euros between now and 2050, but it says the financial gains are much greater…
(24 October 2012)
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Saudi Arabia Announces Plans For 100% Switch To Renewables
Arwa Aburawa, Green Prophet
Following plans to transform Mecca into a solar city, an influential member of the Saudi Royal family has announced even more ambitious renewable energy plans for the country. Prince Turki Al Faisal Al Saud, founder of the King Faisal Foundation and one of the state’s top spokesmen, said he wants to the country to switch completely from fossil fuels to renewable energy. The prince admitted that the shift would not be complete in his lifetime (he is 67) but that it will happen.
“Oil is more precious for us underground than as a fuel source,” said Prince Turki Al Faisal Al Saud at conference. “If we can get to the point where we can replace fossil fuels and use oil to produce other products that are useful, that would be very good for the world. I wish that may be in my lifetime, but I don’t think it will be.”…
(22 October 2012)
Back to the future of the post-carbon world
Amy Huva, Vancouver Observer
September, 2027—A lot has changed since the heated debates of the early 2010s. It took continual extreme weather catastrophes before the world finally woke up to what carbon pollution was doing to our atmosphere.
But once they world woke up, change occurred rapidly, and things that once seemed impossible were now commonplace…
After a devastating Arctic oil spill in 2018 and the bungled attempts to clean up the mess, the reality of oil profits being planetary blood money finally sank into the public consciousness. Politicians finally felt free to walk away from the fossil fuel money that they were so beholden to for much of the 20th century and early 21st century.
As a result, the billion-dollar subsidies that the fossil fuel industry had enjoyed for decades were finally cut off, levelling the playing field for renewable energy sources…
(22 October 2012)