More every day the number of record-breaking hot summer days is increasing. Ice bergs are melting and some geographic regions experience unusual waves of heat.

This trend has created a high air conditioning demand for houses, hospitals, hotels, workspaces and other commercial buildings. People turn to the conventional air conditioning systems; however the problem is only getting worse because the AC is an energy-guzzler.

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Call them philanthropic or just call them smart investors, the bottom line is that Google wants to provide an alternate solution to the greenhouse gases of laden coal power generation in the US.

Google's Green Energy Czar Bill Weih Inspecting Solar Panels

The Internet giant has openly claimed that the government isn’t taking risks enough to see fruitful achievements and that is where such plans falter. It is important to take investment risks to bring about a change.

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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