. . $140 trillion [in investments are required] by the middle of this century , when governments aim to keep the average rise in global temperatures to below 2 degrees Celsius, the Paris-based organisation said. World nations will have to spend from now to 2050 $36 trillion more than what is currently foreseen, with China having to spend the most. . . . ‘ Let me be straight. Our ongoing failure to realise the full potential of clean energy technology is alarming,’ IEA Executive Director Maria van der Hoeven said in a report. ‘Continued heavy reliance on a narrow set of technologies and fossil fuels is a significant threat to energy security, stable economic growth and global welfare, as well as to the environment,’ she said.” (Michel Rose, “IEA calls for doubling of clean energy spending by 2020, Reuters, Paris, France, Monday, June 11, 2012 reporting findings in International Energy Agency, Energy Technology Perspectives 2012 - Executive Summary, OECD/IEA, Paris, France, June 2012
Posted on: Fri, 21 Jun 2013 23:11:04 +0000
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