NewEnergyNews: New Roadmap Shows More New Energy Needed

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  • MONDAY’S STUDY: The Climate Crisis Detailed

    Friday, June 07, 2019

    New Roadmap Shows More New Energy Needed

    IRENA Revised Roadmap Calls for Increased Electrification, Renewable Energy Use to Reach Climate Goals

    Leila Mead, 6 June 2019 (International Institute for Sustainble Development)

    “…Increased renewable energy use and intensified electrification could help achieve climate goals by 2050, according to ‘Global Energy Transformation: A Roadmap to 2050’ from the International Renewable Energy Agency (IRENA)…[It] explains that while renewables already make up more than half of newly installed power-generation capacity, their overall share in the energy mix, including power, heat and transport, must increase six-fold to meet climate goals…[because] energy-related emissions have increased by 1.3% every year since 2015, and the world’s ‘carbon budget’ could run out within ten years…[E]nergy-related CO2 emission reductions would have to decrease by 70% by 2050 to meet climate targets…

    …a large-scale shift to electricity from renewables could deliver 60% of those reductions, up to 75% if renewables for heating and transport are considered, and 90% with an acceleration in energy efficiency…electricity is becoming a dominant energy provider, and using renewables, such as solar and wind, could meet 86% of the power demand…the energy transformation could boost gross domestic product (GDP) by 2.5% and total employment by 0.2% globally in 2050…every USD spent in transforming the global energy system provides a return of between USD 3 and USD 7; and…renewables and the energy transition will create more new jobs than those lost in the fossil fuel sector…” click here for more

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