Climate renewables can power the world
Renewable energy could account for almost 80% of the world’s energy supply within four decades — but only if governments pursue the policies needed to promote green power, according to a landmark report published on Monday.
The Intergovernmental Panel on Climate Change(IPCC) , the body of the world’s leading climate scientists convened by the United Nations, said that if the full range of renewable technologies were deployed, the world could keep greenhouse gas concentrations to less than 450 parts per million, the level scientists have predicted will be the limit of safety beyond which climate change becomes catastrophic and irreversible.
Investing in renewables to the extent needed would cost only about 1% of global GDP annually, said Rajendra Pachauri, chairman of the IPCC.
Renewable energy is already growing fast — of the 300 gigawatts of new electricity generation capacity added globally between 2008 and 2009, about 140GW came from renewable sources, such as wind and solar power, according to the report.
The investment that will be needed to meet the greenhouse gas emissions targets demanded by scientists is likely to amount to about $5trn in the next decade, rising to $7trn from 2021 to 2030.
Although the authors are optimistic about the future of renewable energy, they note that many forms of the technology are still more expensive than fossil fuels, and find that the production of renewable energy will have to increase by as much as 20 times in order to avoid dangerous levels of global warming. Renewables will play a greater role than either nuclear or carbon capture and storage by 2050, the scientists predict.
Investing in renewables can also help poor countries to develop, particularly where large numbers of people lack access to an electricity grid.
About 13% of the world’s energy came from renewable sources in 2008, a proportion likely to have risen as countries have built up their capacity since then, with China leading the investment surge, particularly in wind energy. But by far the greatest source of renewable energy used globally at present is burning biomass (about 10% of the total global energy supply), which is problematic because it can cause deforestation, leads to deposits of soot that accelerate global warming, and cooking fires cause indoor air pollution that harms health.
There was disappointment for enthusiasts of marine energy, however, as the report found that wave and tidal power were “unlikely to significantly contribute to global energy supply before 2020”. Wind power, by contrast, met about 2% of global electricity demand in 2009, and could increase to more than 20% by 2050.
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