UN Think Tank Wants to Double Clean Power Over 15 Years
Rays, wind and gravity can boost incomes, welfare and trade balances.
That’s the claim of the International Renewable Energy Agency as it sharpens the macroeconomic case for ramping up clean energy like solar, wind and hydro-power in a new report on Saturday.
Doubling the share of renewables to 36% of the global energy mix by 2030 would expand the global economy up to 1.1% or $1.3 trillion compared with the status quo, the Abu Dhabi-based agency will reveal at its sixth annual meeting this weekend. Existing policies bring it to 21%.
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