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‘A new world order’ – boom in renewables, decline of fossil fuels – brings change in world politics

Rise of renewables creating a ‘new world‘: report,  A new report by the International Renewable Energy Agency (IRENA) is predicting a new world order as a consequence of the renewables boom. SBS News, 13 Jan 19,  The rapid growth of renewable energy sources and the demise of fossil fuels are causing major changes in global politics, a special commission has said in a report.The shift “will alter the global distribution of power, relations between states, the risk of conflict, and the social, economic and environmental drivers of geopolitical instability,” said the commission set up by the International Renewable Energy Agency (IRENA).

Solar, wind and other renewables, which currently make up around a fifth of global energy production, are growing faster than any other source, the report said.

Commission chairman and former president of Iceland, Olafur Ragnar, said the shift will likely cause China to eclipse the United States, place oil-dependent Gulf states at risk and help impoverished African nations achieve energy independence.

“It is difficult to predict when, but this change is happening comprehensively and fast,” Ragnar told AFP.

The report, entitled “A New World”, was launched at IRENA’s ninth general assembly in Abu Dhabi…….

Renewables will be a powerful vehicle of democratisation because they make it possible to decentralise the energy supply.  https://www.sbs.com.au/news/rise-of-renewables-creating-a-new-world-report

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January 14, 2019 - Posted by | 2 WORLD, decentralised

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