Renewable energy would save EU trillions by 20500 - Crown Capital Eco Management Renewa... - 0 views
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Alysia Power on 30 Oct 12"The Commission The Commission by environmental campaigners forecast 3 trillion euros would generate by 2050 on their green revolution campaign- to make EU energy almost totally carbon free. Read more With emerging renewable energy alternatives today, it is highly important that they be given enough attention even early on their developmental stages. Such technologies might not be ready for commercial uses yet but their potential should be amply tested and funded. Society's modern lifestyle is in serious need of energy that can be generated and consumed and yet, not compromise the future state for generations to come; to have no anxiety that it would cause damage to the environment. The energy shift The energy shift would already create around half a million extra jobs by 2020, Crown researchersfrom German aerospace center DLR, which also specializes in energy and transport, found. It has legislated to ensure that 20 percent of the energy mix is green by the said year, as part of a set of three main environmental goals. But it has yet to achieve agreement on binding targets beyond 2020, even though non-binding roadmaps have laid out the need for a virtually carbon-free electricity mix by 2050. Commissioned by Greenpeace and the European Renewable Energy Council (EREC), the 2012 Energy evolution report lays out risk avoidance towards almost carbon-free energy. They include curbing energy demand through greater efficiency, increasing investment in wind and solar power and phasing out subsidies for carbon-intensive energy, such as coal. To bring about the energy transformation, it sees a need to invest about 99 billion euros between now and 2050 or else this will be added on the list of renewable energy scam, but it says the financial gains are much greater. Renewable energy has no fuel costs; the fuel cost savings in the energy evolution scenario reach a total of 3, 010 billion euros up to 2050, or 75 billion per year. Another benefit is job-creation, one of the