09 May '11, 11pm

Renewable Energy Can Power the World in 40 Years: IPCC

Renewable Energy Can Power the World in 40 Years: IPCC

But there are clearly some massive hurdles between that goal -- for instance, despite the fact that an investment of that size would only cost around 1% of global GDP annually, who's going to come forward with that cash? Right now, global clean tech investment is a mere fraction of that ($240 billion or so ) And as always, the notion that such a plan would "cost 1% of GDP" is misleading -- that stat probably doesn't account for the tremendous health benefits and health care savings that would be generated the world over, from cleaner energy production. Such an effort would also spur innovation and create a vibrant global cleantech industry -- which would contribute to GDP in ways that are difficult to predict.

Full article: http://www.treehugger.com/files/2011/05/renewable-energy-...

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