Not long ago, UBS, the world’s largest private
bank, began urging its investors to join the clean, renewable energy
movement. Their analysts are predicting that power plants in Europe
might become completely extinct within the next 10 to 20 years, and
it seems they are correct. The dream of a ‘nuclear free’ Europe
might become a reality sooner than expected, which explains why
trillions of dollars are being divested from old ways of generating
energy into more renewable sources. (source)
“Sweden will become one of the first
fossil-free welfare states in the world.”– Prime
Minister Stefan Löfven (source)
Considering that they already get two-thirds of
their electricity from non-fossil fuel energy sources, this is great
news. The government also announced that it will be spending money on
smart grids, renewable energy storage technology, an electric bus
fleet, subsidies for green cars, and climate adaptation strategies.
They will also be renovating residential buildings to make them more
energy efficient.
“2015 is our opportunity, a chance to, in
dialogue with all the countries of the world, change course towards a
new development path where we can succeed in generating welfare for
all, not at the planet’s cost but in cooperation with it.”
– Johan Rockström, one of the Prime Minister’s key advisors
(source)
Sweden is just one of many nations around the world
that is getting behind renewable energy. Hawaii, for example,
recently announced its plans to become the first US state completely
powered by renewable energy. Earlier this year, Costa Rica was
powered with 100 percent renewable energy for 75 days, and Denmark
successfully produced 140 percent of its electricity demand from wind
power alone during the month of July.
The solutions are plentiful, and as we are now
seeing, can be implemented and utilized for the greater good. We’ve
known about and possessed this technology for decades, why is it that
this process (which is so desperately needed) is taking so long?
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