Triple Clean Energy Investment to Avert Disaster

Why We Need to Triple Clean Energy Investment

Christiana Figueres, the United Nations climate chief, said in an interview with the Guardian that to avoid climate catastrophe, the international community needs to to start investing $1 trillion a year (up from the current $300 billion mark). She continued to say that this needs to be done ideally in the next 5 to 10 years (and definitely no later than 2030). Why is it so important, dear reader, you may ask? Because as per the International Energy Agency, that is the amount that is needed to

Make the shift from a coal and oil-based economy to the cleaner fuels and technologies that would help keep warming below the dangerous threshold of 3.6 degrees Celsius (3.6 degrees Fahrenheit).

Readers of my blog would note that even the 3.6 degree threshold might be overly optimistic.

Full article here.

[Image credit Tracy O]