THE GLOBAL RENEWABLE ENERGY CAPACITY NOW MAKES A FOSSIL FUEL EXIT STRATEGY POSSIBLE

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A new report reveals that global renewable energy capacity has increased to the point where a fossil fuel exit strategy is now possible.

Andrea Germanos at Common Dreams reports, “Ditching fossil fuels in favor of renewable energy in order to keep warming below the 1.5ºC threshold is both ‘necessary and technically feasible.’

“That's the conclusion of an analysis released Thursday entitled Fossil Fuel Exit Strategy. Produced by the University of Technology Sydney's Institute for Sustainable Futures in cooperation with the Fossil Fuel Non-Proliferation Treaty Initiative, the report states clearly that ‘there is no need for more fossil fuels’ because the world is overflowing with renewable energy capacity.

“ Such a pathway, said Sanjay Vashist, director of Climate Action Network South Asia, would avert a ‘criminal waste of money’ that would ‘have devastating climate and humanitarian consequences.’”

Read more about the report here or click on the link above to see the report.

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