Monday, June 30, 2014

Economic Benefits of Renewable Energy and Efficiency (IEA)

According to a report released by the International Energy Agency (IEA), renewable energy, energy efficiency and energy storage can stave off climate change and provide significant economic benefits.

The report titled, “Energy Technology Perspectives.” indicates that these measures could generate net savings of $71 trillion” by 2050. Such actions could also keep global average temperatures within the internationally agreed upon upper threshold limit of 2°C (3.6°F).

The new report includes suggestions for ways that developing countries could reduce their energy footprints. It specifically points to the value of integrated solid waste management, like biodigesters. It also addresses the merits of public transit, clean cookstoves and solar power generation..

© 2014, Richard Matthews. All rights reserved.

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