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VOA News – Environmentalists Say Renewable Energy Brings Economic Benefit

Environmentalists Say Renewable Energy Brings Economic Benefit
Voice of America News 28 Oct 08 A new report said investing in renewable energy would not only help reduce heat-trapping greenhouse gasses, but create a booming industry and help the global financial crisis. From Paris, Lisa Bryant has more on the report.

The report from environmental group Greenpeace and the European Renewable Energy Council offers ambitious proposals for switching to renewable energy and conserving power. The report outlined why the groups believe doing so could help fire up the world economy, which is facing its worse financial crisis in decades.

The study is being released before the international climate change meeting in December.

The two environmental groups argue that through energy efficiency and aggressive use of renewable energy such as wind, solar and geothermal, the world can cut trillions of dollars in energy spending. The study claimed that before this century ends all the world’s energy needs could come from renewable sources – if the political will exists to make that switch.

VOA News – Environmentalists Say Renewable Energy Brings Economic Benefit

Tags: renewables

October 28, 2008 - Posted by Christina Macpherson | ENERGY