The “Energy (R)evolution: A Sustainable World Energy Outlook” says that two-thirds of Asia’s electricity needs can be met by renewable energy sources by 2050. If so, the aggressive investment could create an annual $360 billion industry worldwide and save $18 trillion in future fuel costs.
I wonder if the men and women punched their calculators to determine how many people depending on the fossil fuel industry will LOSE their jobs.
“With renewable energy growing four-fold not only in the electricity sector, but also in the heating and transport sectors, we can still cut the average carbon emissions per person from today’s four tons to around one ton by 2050,” said Philippines Campaign Manager for Greenpeace Southeast Asia.
“The global market for renewable energy can grow at double digit rates until 2050, and overtake the size of today’s fossil fuel industry. Currently, the renewable energy market is worth 70 billion dollars and doubling in size every three years,” said the Policy Director of the European Renewable Energy Council.
Well, for all I know, if Greenpeace said it, there’s got to be something wrong with the figuring. Still, we can dream, can’t we?
Source: Xinhuanet Image: myuiibe