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Follow the Money: #Renewable Energy


 
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#1 eds

eds

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Posted 10 March 2018 - 07:24 AM

Renewable energy is already cheaper than other energy options in most of the world,
. . . but it comes with other economic, and societal benefits as well.

Jobs,
. . . there are almost
. . . 10 million of them around the world.

Money,
. . . which includes solar, wind, energy efficiency, energy storage and EVs — contributed
. . . $1.4 trillion to the global economy in 2016.

Energy,
. . . How do you begin to quantify the value of giving electricity access,
. . . to millions of people who did not have it?
. . . “When added to:
. . . . . . cell phone charging,
. . . . . . fuels for lighting and cooking, energy can consume up to
. . . 50% of household incomes in sub-Saharan Africa.
. . . As long as families are dependent on non-renewable energy sources,
. . . they cannot lift themselves out of poverty.”
. . . (Kerosene usage also results in a huge number of severe or even deadly burns every year in Africa.)

Health,
. . . “The  impacts found are damages due to climate change;
. . . . . . public health damages from NOx, SO2, PM2.5, and mercury emissions;
. . . . . . fatalities of members of the public due to rail accidents during coal transport;
. . . . . . the public health burden in Appalachia associated with coal mining;
. . . . . . government subsidies; and
. . . . . . lost value of abandoned mine lands.”

GDP Economic Stimulation,
. . . “Doubling the share of renewables in the global energy mix by 2030,
. . . would increase global GDP by up to 1.1%, or USD 1.3 trillion.

Trade,
. . . Reducing fuel imports can improve trade balance and improve GDP.

Free Fuel,
. . . Renewable energy mitigates the price uncertainty,
. . . that fuel costs add to traditional sources of energy.

Energy Efficiency,
. . . India, loses about 30% of the energy it generates,
. . . because of transmission line losses.
. . . By having decentralized solar power, and wind,
. . . they’ve cut these losses, and seen
. . . big savings in energy, and money.
. . . Local generation, mitigates the price uncertainty, of
. . . Transportation losses, and
. . . Demand change losses due to "Rejected Energy" cost.

3-10-2018 Source:  Follow the Money: #Renewable Energy

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