Beyond The Virus There Is A Bigger World Crisis
In A Post-Pandemic World, Renewable Energy Is The Only Way Forward
Enrique Dans, May 3, 2020 (Forbes)
“…[The coronavirus is only the preliminary round and a much bigger and stronger opponent is waiting] called the climate emergency… In addition to being responsible for some seven million deaths annually, it makes us more vulnerable to all kinds of respiratory diseases, including, of course, those caused by viruses such as SARS-CoV-2, which could also become seasonal and repetitive…[Not addressing it] is killing us…If one change could have a major impact on the climate emergency, it would be the pivot to renewable energy…Renewables accounted for 72% of new energy sources installed in 2019, backed by investments that could achieve returns of 800%. Coal, on the other hand, is a money-losing machine, and its economics are as toxic as its emissions.
Reconstructing the energy supply map of a country, even those in the developing world, has never made more sense… Australia plans to make huge savings from falling costs of renewables…Norway aims to electrify all its domestic flights by 2040…The United Kingdom has just gone for a record 23 days without using coal to power electricity generation, while American states like Iowa, Virginia and others are rethinking their plans, based on using renewable energy…Changing the world’s energy map seems like a costly thing to do, but in practice, it is cheap, especially if we factor in the disasters caused by fires, hurricanes, floods and so on…A post-pandemic economic reconstruction based on restructuring the energy map makes sense…The time has come…” click here for more