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Crown Capital Eco Management Indonesia News: Renewable Energy Would Save EU Trillions by 2050

11-12-2012 04:52 PM CET | Energy & Environment

Press release from: Crown Capital Eco Management

Crown Capital Eco Management Indonesia News: Renewable Energy

The Commission by environmental campaigners forecast 3 trillion Euros would generate by 2050 on their green revolution campaign- to make EU energy almost totally carbon free.

The energy shift would already create around half a million extra jobs by 2020, Crown researchers from German aerospace center DLR, which also specializes in energy and transport, found. It has legislated to ensure that 20 percent of the energy mix is green by the said year, as part of a set of three main environmental goals. But it has yet to achieve agreement on binding targets beyond 2020, even though non-binding roadmaps have laid out the need for a virtually carbon-free electricity mix by 2050.

Commissioned by Greenpeace and the European Renewable Energy Council (EREC), the 2012 Energy evolution report lays out risk avoidance towards almost carbon-free energy. They include curbing energy demand through greater efficiency, increasing investment in wind and solar power and phasing out subsidies for carbon-intensive energy, such as coal.

To bring about the energy transformation, it sees a need to invest about 99 billion euros between now and 2050 or else this will be added on the list of renewable energy scam, but it says the financial gains are much greater. Renewable energy has no fuel costs; the fuel cost savings in the energy evolution scenario reach a total of 3, 010 billion euros up to 2050, or 75 billion per year.
Another benefit is job-creation, one of their strides in fraud prevention. The Crown report finds almost totally green energy would lead to half a million extra jobs compared with business as usual, as renewable energy initially demands more workers than carrying on with fossil fuel

source: http://blog.crowncapitalmngt.com/renewable-energy-would-save-eu-trillions-by-2050/

Crown Capital Eco Management works with government bodies, international entities, private sectors and other non-governmental organizations in providing extensive information to the public, media and policymakers that are involved in addressing environmental issues and sustainable initiatives in a worldwide scale. Though our group does not personally conduct research, we analyze and review both recent and old data on technical and socio-economic sectors that are relevant to our field, which is environment preservation.

We are composed of volunteer professionals in the scientific sector, supported by various agencies around the world. Our group is an independent organization supporting programs involving climate change, biodiversity, organic pollutants and greenhouse gases, to name a few.

Ciputra World Complex,
Jl. Prof. Dr. Satrio Kav. 3-5, Jakarta, 12940
Indonesia

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