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Thursday, June 27, 2013

IEA Report: Renewable Energy Will Eclipse Gas by 2016

From New Scientist:
The dash for gas is being outrun by the race for renewables. According to thelatest projections from the International Energy Agency, by 2016 global electricity generation from wind, solar, hydro and other forms of renewable power will exceed that from natural gas – and should be double that provided by nuclear plants.
This surge is being driven in large part by emerging economies. China is leading the way, accounting for 40 per cent of the projected global growth in renewables between 2012 and 2018, the IEA – a Paris-based body with 28 member countries – notes.
So are we on track to transition from coal to a low-carbon future based around renewables, with natural gas as a temporary "bridge fuel"?
Not yet, say energy analysts: major changes in policy are still needed if the world is to avoid tipping over the 2 °C threshold that climatologists say constitutes "dangerous" global warming.
Read more of this story by clicking here. 

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