Renewables 'can cut energy CO2 emissions to zero'
Renewables could eliminate CO2 emissions from the energy sector by 2060, says the International Renewable Energy Agency (IRENA).
In a report released on 20 March 2017 it also declares that renewable energy sources could reduce the emissions 70% by 2050.
Adnan Z. Amin, Director-General of IRENA, notes that energy emissions account for almost two-thirds of greenhouse gas production.
"New renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants," he adds.
This would keep global temperature rise below the Paris target of 2 degrees, IRENA asserts.
Climate Action, a partner of the United Nations Environment Programme (UNEP), reports on its website: "According to IRENA's macroeconomic analysis such investment [...] coupled with pro-growth policies will increase global GDP by 0.8 per cent in 2050, generate new jobs in the renewable energy sector — offsetting the jobs lost in the fossil fuel industry – and improve human welfare through additional environmental and health benefits due to cleaner air."
"At present, renewables account for 24 per cent of global power production and 16 per cent of primary energy supply," Climate Action notes.
Source: Climate Action, 21 March 2017