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The global cost of securing a clean energy future is rising by the year, the International Energy Agency (IEA) warned Monday, estimating that an additional $44 trillion of investment was needed to meet 2050 carbon reduction targets. Releasing its biennial "Energy Technology Perspectives" report in Seoul, the agency said electricity would increasingly power the world's economies in the decades to come, rivalling oil as the dominant energy carrier. Surging electricity demand posed serious challenges, said IEA executive director Maria van der Hoeven.
"We must get it right, but we're on the wrong path at the moment," Van der Hoeven told reporters in the South Korean capital.
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$44 Trillion Needed for Clean Energy Future
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Please help keep the world clean: others may wish to use it.
(Score: 3, Interesting) by EvilJim on Thursday May 15 2014, @10:42PM
good answer, I've often wondered how long a place would have to be a warzone before it was worth mining... same for old garbage dumps in the west, there must be tonnes of metals and other usable resources down there.