Doubling global renewables by 2030 could save $4.2tn

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Boosting renewable energy generation to meet global climate goals could save as much as $4.2 trillion a year by 2030, according to a new report asking lawmakers to strengthen clean energy policies.

Doubling the share of renewables in the world’s energy mix to 36 percent between now and 2030 would cost $290 billion a year and limit global warming to below two degrees Celsius, according to the Abu Dhabi-based International Renewable Energy Agency report published Thursday. Mitigating against the harmful effects of global warming accounts for much of the savings.

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John Weaver
Solar Power Plant Project Developer at Commercial Solar Guy

John Fitzgerald Weaver is a solar consultant – aka The Commercial Solar Guy. As a project developer and installer, he’s sold and managed 50+ solar projects worth more than $10 million, ranging from 5kW to 1500kW. He’s been involved in many aspects of the solar supply chain – as a company founder, developer, project manager, manufacturer, permit runner, salesman, contractor and financier, climbs mountains, played football, enjoys an IPA or scotch, needs to get away, and really loves this strange connection between politics, energy, finance, environment, etc in the energy world, and likes run on sentences.


Current and occasional stock positions that I have written about are ASYS, TSLA, CAFD and TAN – plus Bitcoin and Etherium.


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