With a combination of efficient technology improvements and a rapid decline in renewable manufacturing costs, the world can easily capture all the energy nature has to offer. As we choose renewables over fossil fuels, we in turn nurture the earth. A symbiotic relationship at its best!
To date, European countries have taken the lead on per capita installments of solar and wind in particular, but emerging leaders are now coming to the forefront, developing countries. A couple sources indicate developing countries investments in renewables actually surpassed that of developed countries in 2015!
The World Wide Fund for Nature (WWF) reports the progress of these Champions. China is the largest investor globally employing the most people in the renewable field in any country. Last year Mexico agreed to double its renewable power generation by 2018, focusing on wind power. India is discussing increasing their goals to 40% renewable by 2030. Morocco’s goals are to pursue energy efficiencies reducing their energy consumption by 12% while growing renewable energy sources to 40% of their needs by 2020. The Philippines plan to double their renewable power to about 50% by 2030. Indonesia has recently passed legislation aimed to grow their renewable from 5% to 25% by 2023. Based on economic capabilities, the countries that led in renewable energy source investments in 2013 were Uruguay, Mauritius, Costa Rica, South Africa and Nicaragua. And in 2014, the countries with the largest investors per national GDP were Burundi, Kenya, Honduras, Jordan and Uruguay. South Africa is aggressively pursuing solar, collectors now on almost every third roof in the country. Now those are some amazing statistic!
It’s becoming clear, with the significant cost reductions of renewables, clean energy is now within the reach of poorer countries. WWF explains why this is happening.
- Renewables offer three to five more jobs per unit of energy generated than fossil fuels. “Renewables overcome erratic, unpredictable and often high, fuel costs, which is useful for oil and gas-importing nations.”
- Renewables consume less water compared to coal, nuclear, and shale gas, making it more conducive to drier and water-stressed nations.
- Renewables don’t emit conventional air pollution creating healthier air conditions and there is no toxic waste or ash, such as toxic remains from nuclear and coal. Citizens are healthier and save billions in healthcare costs.
- Renewables don’t generate global warming gases. The world is in agreement, renewable are critical component of sustainable development.
With all these benefits, it’s no wonder leaders are pursuing renewables world-wide!