The precipitous drop in costs for renewable energy technology-even from prices a few years ago-means that carbon emissions may decrease faster and hit the targets earlier than those envisioned by the Paris Climate Agreement.
The U.S. has broken its own energy record: 10 percent of all electricity generated in the country in March came from wind and solar power, according to a recent report from the U.S. Energy Information Administration. The number is up from last year, in which wind and solar power generated an annual average of seven percent…
Once completed in late 2017, the Ashalim Tower will rise to 240 meters (787 feet), taller than Paris’s Montparnasse Tower and London’s Gherkin, according to the Israeli government and the consortium building it.
Covered in stainless steel, the square tower in the rocky Negev desert with a peak resembling a giant lighthouse will be visible from dozens of kilometers away.
According to the International Renewable Energy Agency (IRENA), 8.1 million people were working in the renewable energy sector at the end of last year. That’s an increase of 5% over the previous year. Those numbers do not include the estimated 1.3 million people working in large-scale hydropower, which is not always counted among renewables. To put that in perspective, there are roughly 8 million people in the US working in the financial sector.
The increase stands in marked contrast to the oil and gas sector which has seen job losses. In the US, renewable jobs grew by 6% while oil and gas employment dropped by 18%. China, the world’s largest economy, now employs 3.5 million in renewables as opposed to 2.6 million in oil and gas.