Quantcast
Environmental News for a Healthier Planet and Life

Help Support EcoWatch

How COP21 Will Unleash Massive Global Renewable Energy Growth

Business

The latest report from the influential World Resources Institute (WRI), Assessing the Post-2020 Clean Energy Landscapeindicates that we are poised for an exponential growth in renewable energy production after the Paris COP21 climate conference.

According to the report, which analyzes the clean energy plans of eight of the top 10 carbon emitters in the world, the Paris 2015 conference could help double the current market in the next 15 years.

“These new renewable energy targets send strong signals to energy markets and investment circles,” said Jennifer Morgan, global director of the Climate Program, at World Resources Institute.

Assuming these proposed clean energy plans are achieved, total annual renewable electricity generation will increase by nearly four times between now and 2030. This increase is equivalent to all of India’s current energy demand.

Here are some key highlights:

  • China will increase the share of non-fossil fuel in primary energy consumption to around 20 percent by 2030;

  • European Union will achieve at least a 27 percent share of renewable energy consumption by 2030;

  • U.S. will increase the U.S. share of renewables—beyond hydropower—in the electricity generation mix to 20 percent by 2030.

The report also analyzed the current climate plans submitted by all the countries to the UNFCCC, the so-called INDCs. INDCs (intended nationally determined contributions) have been submitted by more than 150 countries and are expected to provide the fundamental plans for a global deal on climate change next month.

Out of the 127 INDCs submitted, 80 percent of them mentioned clean energy: 67 INDCs (53 percent) indicated clean energy targets and 35 INDCs (27 percent) committed to put forward clean energy actions.

This WRI report preceded the release of IEA's "World Energy Outlook 2015," which gives approximately similar projections but with longer targets: Renewables-based generation reaches 50 percent in the EU by 2040, around 30 percent in China and Japan and above 25 percent in the U.S. and India.

"World leaders meeting in Paris must set a clear direction for the accelerated transformation of the global energy sector." Fatih Birol, executive director, IEA.

Unfortunately, according to the IEA these INDCs and current renewables projections for emissions trajectory implies a long-term temperature increase of 2.7C by 2100. Therefore, more must be done to help all the countries accelerate, grow and implement this massive clean energy transition.

YOU MIGHT ALSO LIKE

Corporate and Financial World Are Finally Ready to Take Climate Action

Renewables to Overtake Coal as World’s Largest Power Source, Says IEA

Climate Change Poised to Push 100 Million Into ‘Extreme Poverty’ by 2030

UN Report Measures Significant Progress Ahead of Paris Climate Talks

EcoWatch Daily Newsletter

Much of Eastern Oklahoma, including most of Tulsa, remains an Indian reservation, the Supreme Court ruled on Thursday. JustTulsa / CC BY 2.0

Much of Eastern Oklahoma, including most of Tulsa, remains an Indian reservation, the Supreme Court ruled on Thursday.

Read More Show Less
The Firefly Watch project is among the options for aspiring citizen scientists to join. Mike Lewinski / Wikimedia Commons / CC by 2.0

By Tiffany Means

Summer and fall are great seasons to enjoy the outdoors. But if you're already spending extra time outside because of the COVID-19 pandemic, you may be out of ideas on how to make fresh-air activities feel special. Here are a few suggestions to keep both adults and children entertained and educated in the months ahead, many of which can be done from the comfort of one's home or backyard.

Read More Show Less
People sit at the bar of a restaurant in Austin, Texas, on June 26, 2020. Texas Governor Greg Abbott ordered bars to be closed by noon on June 26 and for restaurants to be reduced to 50% occupancy. Coronavirus cases in Texas spiked after being one of the first states to begin reopening. SERGIO FLORES / AFP via Getty Images

The coronavirus may linger in the air in crowded indoor spaces, spreading from one person to the next, the World Health Organization acknowledged on Thursday, as The New York Times reported. The announcement came just days after 239 scientists wrote a letter urging the WHO to consider that the novel coronavirus is lingering in indoor spaces and infecting people, as EcoWatch reported.

Read More Show Less
A never-before-documented frog species has been discovered in the Peruvian highlands and named Phrynopus remotum. Germán Chávez

By Angela Nicoletti

The eastern slopes of the Andes Mountains in central Perú are among the most remote places in the world.

Read More Show Less
Left: Lemurs in Madagascar on March 30, 2017. Mathias Appel / Flickr. Right: A North Atlantic right whale mother and calf. National Marine Fisheries Service

A new analysis by scientists at the Swiss-based International Union for Conservation of Nature (IUCN) found that lemurs and the North Atlantic right whale are on the brink of extinction.

Read More Show Less
Nobody knows exactly how much vitamin D a person actually needs. However, vitamin D is becoming increasingly popular. Colin Dunn / Flickr / CC by 2.0

By Julia Vergin

It is undisputed that vitamin D plays a role everywhere in the body and performs important functions. A severe vitamin D deficiency, which can occur at a level of 12 nanograms per milliliter of blood or less, leads to severe and painful bone deformations known as rickets in infants and young children and osteomalacia in adults. Unfortunately, this is where the scientific consensus ends.

Read More Show Less

Trending

Data from a scientist measuring macroalgal communities in rocky shores in the Argentinean Patagonia would be added to the new system. Patricia Miloslavich / University of Delaware

Ocean scientists have been busy creating a global network to understand and measure changes in ocean life. The system will aggregate data from the oceans, climate and human activity to better inform sustainable marine management practices.

EcoWatch sat down with some of the scientists spearheading the collaboration to learn more.

Read More Show Less