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A Renewable Energy Boom

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CLICK HERE - REPORT - Global Trends in Renewable Energy Investment 2016

nytimes.com - by The Editorial Board - April 4, 2016

Some world leaders, especially in developing countries like India, have long said it’s hard to reduce the emissions that are warming the planet because they need to use relatively inexpensive — but highly carbon-intensive — fuels like coal to keep energy affordable. That argument is losing its salience as the cost of renewable energy sources like wind and solar continues to fall.

Last year, for the first time, renewables accounted for a majority of new electricity-generating capacity added around the world, according to a recent United Nations report. . . .

. . . And they provide hope that nations will be able to achieve the ambitious goals they set for themselves at last December’s climate summit meeting in Paris — to keep warming below the threshold beyond which the world will be locked into a future of devastating consequences, including rising sea levels, severe droughts and flooding, widespread food and water shortages and more destructive storms.

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