Global Renewable Energy Investment Must Double by 2020, Says IEA

Getting ever louder in its calls for the world to get serious about climate change, the International Energy Agency (IEA) is also increasingly concrete about what needs to be done. Global investments in renewable energy must double by 2020 to $23.9 trillion to keep global temperatures from rising beyond 2°C, says IEA in its new book, Energy Technology Perspectives 2012. And they must grow to $140 trillion by 2050. That's $36 trillion more than currently projected where controlling emissions is not a priority - the equivalent of $130 per person each year. It sounds like an enormous amount of money, but the plan more than pays for itself. By 2025, reduced spending for fossil fuels would outweigh the investment, and for every $1 invested, $3 would be saved by 2050, adding up to at least $100 trillion in savings. "The window of opportunity is closing rapidly on achieving the 2...

Full article: http://www.sustainablebusiness.com/index.cfm/go/news.disp...

Tweets

@benlubbon » 15 Jun '12, 4pm
RT @ASUEnergyClub: Global #Renewable #Energy Investment Must Double by 2020, Says IEA | Sustainable Business News [link]
@ASUEnergyClub » 14 Jun '12, 9pm
Global #Renewable #Energy Investment Must Double by 2020, Says IEA | Sustainable Business News [link]
@GlobalPowerCo » 14 Jun '12, 4pm
So here's the hard facts on the investment needed to ward of >2degree temp. rise: [link]
@euhlhorn » 14 Jun '12, 3pm
IEA says renewable energy investment must double to avoid temp rise. [link] Predicts savings from reduced fossil fuel use.
@kmi_blogger » 14 Jun '12, 1pm
Global Renewable Energy Investment Must Double by 2020, Says IEA | [link] #EHS #renewable #energy
@CAFODwire » 14 Jun '12, 10am
#IEA: reliance on fossil fuels "significant threat" to energy security, economic growth, global welfare & environment [link]
@CAFODwire » 14 Jun '12, 10am
Investment in renewables must double by 2020 to stop dangerous #climatechange says #IEA [link] @sustainablebizz
@SMEEnviroApp » 14 Jun '12, 9am
RT @carbonfinance: Global Renewable Energy Investment Must Double by 2020, Says IEA - [link] / [link]
@Energy_Pulse » 14 Jun '12, 9am
Global Renewable Energy Investment Must Double by 2020, Says IEA: Global investments in renewable energy must do... [link]
@Fuelnu » 14 Jun '12, 12am
RT @Energy4Earth: Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@greenenergytime » 14 Jun '12, 12am
Global Renewable Energy Investment Must Double by 2020, Says IEA: trillion is necessary to keep global temperatu... [link]
@Eric_T_Music » 13 Jun '12, 11pm
#Environment #Future "@GreenNewsDaily: Global #Renewable #Energy Investment Must Double by 2020, Says IEA #green [link]"
@ABASciTech » 13 Jun '12, 11pm
RT @Pervin_RT: @sustainablebizz IEA says Global invest in renew. energy must double by 2020 to $23.9T to keep temps from rising > 2°C [link]
@Pervin_RT » 13 Jun '12, 11pm
@sustainablebizz IEA says Global invest in renew. energy must double by 2020 to $23.9T to keep temps from rising > 2°C [link]
@AndersonPHA » 13 Jun '12, 11pm
RT @GreenNewsDaily: Global Renewable Energy Investment Must Double by 2020, Says IEA #green [link]
@GreenNewsDaily » 13 Jun '12, 11pm
Global Renewable Energy Investment Must Double by 2020, Says IEA #green [link]
@clintvieira » 13 Jun '12, 10pm
RT @investing_alt: Global Renewable Energy Investment Must Double by 2020, Says IEA - [link] [link]
@sustainablebizz » 13 Jun '12, 9pm
Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@InvestforProft » 14 Jun '12, 7am
Global Renewable Energy Investment Must Double by 2020, Says IEA: Global Renewable Energy Investment Must Double... [link]
@Energy4Earth » 14 Jun '12, 7am
Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@EJ4573 » 14 Jun '12, 5am
RT @GreenNewsDaily: Global Renewable Energy Investment Must Double by 2020, Says IEA #green [link]
@Sunnier » 14 Jun '12, 2am
Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@altenergyjobs » 14 Jun '12, 2am
Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@namurien » 14 Jun '12, 2am
Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@ClimateAlliance » 14 Jun '12, 2am
RT @sustainablebizz: Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@PanaxGeothermal » 14 Jun '12, 1am
RT @GreenNewsDaily: Global Renewable Energy Investment Must Double by 2020, Says IEA #green [link]
@efergy » 14 Jun '12, 1am
Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@altenergyjobs » 14 Jun '12, 1am
Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@Sunnier » 14 Jun '12, 1am
Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@R_Walthers » 14 Jun '12, 12am
Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@Energy4Earth » 14 Jun '12, 12am
Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@AndrewMontanajr » 13 Jun '12, 11pm
Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@namurien » 13 Jun '12, 11pm
Global Renewable Energy Investment Must Double by 2020, Says IEA [link]
@stephencrose » 13 Jun '12, 11pm
RT @GreenNewsDaily: Global Renewable Energy Investment Must Double by 2020, Says IEA #green [link]
@CleanEconomySer » 13 Jun '12, 11pm
RT @GreenNewsDaily: Global Renewable Energy Investment Must Double by 2020, Says IEA #green [link]
@investing_alt » 13 Jun '12, 10pm
Global Renewable Energy Investment Must Double by 2020, Says IEA - [link] [link]
@energyme » 13 Jun '12, 10pm
Global Renewable Energy Investment Must Double by 2020, Says IEA - [link] [link]
@HomeMadeEnergy_ » 13 Jun '12, 9pm
Global Renewable Energy Investment Must Double by 2020, Says IEA - [link] [link]
@GreenGirl1986 » 13 Jun '12, 9pm
Global Renewable Energy Investment Must Double by 2020, Says IEA - [link] [link]