The Renewable Turn: Cheaper than Fossil Fuels Next Decade
A new United Nations-backed report has revealed overwhelming consensus that renewable power will dominate in the future, with many experts saying that even large international corporations are increasingly choosing renewable energy products either from utilities or through direct investment in their own generating capacity.
"[The report] is meant to spur discussion and debate about both the opportunities and challenges of achieving a 100 per cent renewable energy future by mid-century," said Christine Lins, the Executive Secretary of Renewable Energy Policy Network for the 21st Century (REN21) - a global renewable energy policy multi-stakeholder network hosted by the UN Environment Programme (UNEP).
"Wishful thinking won't get us there; only by fully understanding the challenges and engaging in informed debate about how to overcome them, can governments adopt the right policies and financial incentives to accelerate the pace of deployment," she added.
Jutta Benzenberg/World Bank