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Massive Shift to Clean Energy Could Start Tomorrow

Solar power panels generate energy for a newly renovated local administrative building in Liberia. (Credit:UN Photo/Christopher Herwig)

NEW YORK - An aggressive shift towards renewable power generation and energy effiency could save the world from the most devastating impacts of climate change, and at the same time create a multi-billion-dollar industry and save trillions of dollars in future fuel costs, experts say.

A report released Monday by the European Renewable Energy Council (EREC) and Greenpeace International entitled "Energy [R]Evolution: A Sustainable World Energy Outlook", estimates that investments meant to create a low carbon society would carry an annual 360-billion-dollar industry.

Posted in green economy, renewable energy, Sustainability