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Follow The Money: Energy Investment

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Germany is currently on track to get to
. . . 35% renewable sources of electricity by 2030 and
. . . 80% by 2050, with CO emissions falling to
. . . 30% and
. . . 80% below 1990 levels.

Australia, where falling electricity generation emissions,
. . . have more than offset growth in carbon pollution,
. . . from the transport sector for the past 4 years and
. . . they could shift towards
. . . 100% renewable energy,
. . . for a similar cost to using fossil fuels.

United States last year, had more wind generation installed,
. . .than all types of gas generation,
. . . US coal use was at its lowest since 1983.

European Investment Bank and the World Bank,
. . . will NOT fund new coal-fired power plants.

International Monetary Fund is calling for a move away from
. . . all fossil fuel subsidies, which it says totalled nearly
. . . US$2 trillion (NZ$2.36t) in 2011.

2013-10-21 Source:  Money


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