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International Renewable Energy Agency (IRENA): global economic growth possible with 2˚C scenario with Renewable Energy

IRENA, IEA Study — 2˚C Scenario Possible With Renewable Energy, Clean Technica, March 27th, 2017 by  At the request of the German government, the International Renewable Energy Agency (IRENA) and the International Energy Agency (IEA) conducted a study to determine whether global economic growth is possible while honoring the pledge made by the world community in Paris to prevent average world temperatures from rising more than 2º Celsius.

The result? The study concludes that energy-related carbon dioxide emissions can be reduced by 70% by the year 2050 and eliminated entirely by 2060 without causing the global economy to shrink.

“The Paris Agreement reflected an unprecedented international determination to act on climate. The focus must be on the decarbonization of the global energy system as it accounts for almost two-thirds of greenhouse gas emissions. Critically, the economic case for the energy transition has never been stronger. Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. And through 2050, the decarbonization can fuel sustainable economic growth and create more new jobs in renewables.” — IRENA Director-General Adnan Z. Amin

The study is entitled “Perspectives for the Energy Transition: Investment Needs for a Low-Carbon Energy Transition.” Its thesis is that increasing the the deployment of renewable energy and energy efficiency globally can achieve the emissions reductions needed to prevent global temperature from rising more than 2º Celsius while permitting the global economy to grow.

Decarbonizing Is Essential……https://cleantechnica.com/2017/03/27/irena-iea-study-2%CB%9Ac-scenario-possible-renewable-energy/

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March 29, 2017 - Posted by | 2 WORLD, renewable

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