Tuesday, May 10, 2011

New IPCC report on renewable energy

New IPCC report on renewable energy is ‘litmus test’ for policy makers


However, concrete policy recommendation falls too short

Hamburg, Germany, 9 May 2011 - The new IPCC report on renewable energy provides a litmus test for all policy makers, proving renewable energy is the world’s number one energy source in the future. Furthermore, the report provides evidence to show that the deployment of renewable energy especially in developing countries is faster and more cost efficient than the combustion of fossil fuels and nuclear power. In a statement released by the World Future Council (WFC) in Hamburg today, however, the WFC criticises the report for falling too short in making concrete policy recommendations. The WFC also stated that the report fails to suggest efficient measures to finance the renewable energy uptake.

"Leaving no doubt about the leading role for renewable energy in the future is good. But it’s not enough! Especially for developing countries concrete policy recommendations such as 'feed in tariffs' for renewable electricity and innovative funding mechanism such as the issuing of SDR’s by the IMF are of utmost importance“, said WFC founder Jakob von Uexküll. "Feed in tariffs are the most powerful mechanism to unleash the development of wind, hydro and solar energy. And we have already passed various learning curves on how to get it right. In this regard, unfortunately the IPCCC report’s summary for policy makers does not give any clear guidance." {continued}

New IPCC report on renewable energy: Summary for Policymakers


Coming May 31st 2011: The Entire Report


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