GENI-us Letter 2017-03
Phasing Out CO2 This Century — Ramping Up Renewables & Energy Efficiency
Dear GENI Friend,
We know the solution to mitigating climate change impacts. The International Renewable Energy Agency (IRENA) 2017 report: "Perspectives for the Energy Transition: Investment Needs for a Low-Carbon Energy System" (full report) presents the case that global deployment of renewable energy and energy efficiency, and especially the G20 countries can achieve the 66% emissions reductions needed to keep global temperature rise at 2° Celsius (3.6°F). This 2050 target will lessen the most severe impacts of climate change.
IRENA projects that $29 trillion will be invested through 2050 (just 0.4% of global GDP). The benefits:
In Partnership for the Planet,
p.s. We need additional funding to keep pushing. Now would be a good time to start: http://www.geni.org/globalenergy/donors/enroll/pledge.shtml