The world will gain enough renewable energy in 5 years to power China, says IEA | CNN Business

In a report published Tuesday, the International Energy Agency forecast a sharp acceleration in installations of renewable power. It now expects green energy to overtake coal to become the largest global source of electricity by early 2025. Global renewable power capacity is now expected to grow by 2,400 gigawatts between 2022 and 2027, an amount equal to the entire power generating capacity of China today, according to the report.

According to the IEA report, the war in Ukraine is a “decisive moment for renewables in Europe,” where governments and businesses are scrambling to replace Russian gas with alternatives. The European Union now prohibits Russian crude oil imports by sea, setting up the bloc to have phased out 90% of oil imports from Russia by the end of the year. Flows of Russian natural gas via pipeline to Europe are now running at just 20% of their pre-war level, according to analysts.

LaMonicaBuzz Look at Europe, look at the damage of the WEF SDGs. It was 20 years ago that Al Gore said the polar ice caps would melt. Made a lot of money off that fear mongering. Nuclear is one way to go and is proven time and time ago lots of power for a little money.

LaMonicaBuzz Great, points to more investing opportunities in renewables and ESG strategies.

Lies 😡😈🖐️

Nuclear Is The Way Forward

And yet there's still no viable alternative to fossil fuels. fact

Solar and wind are intensely destructive to the environment, hydrogen and thorium are far better solutions. Invest the time and money to develop these safer, cleaner technologies.

Hmm...why does a timeframe of five years of rapid development sound so familiar...? There should be a snazzy name for it, like Five-Year Plan! Srsly, if this was about clean energy we'd all be running on nuclear by now.

Too bad wind farms are dangerous and shouldn’t exist

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India's housing market to remain resilient, defying global downtrend: Reuters pollIndia's house prices will rise steadily in the next few years roughly in line with overall economic growth, with low chances of a significant slowdown over the coming year, according to property experts in a Reuters poll. Because they used hydroxychloroquine and Ivermectin and didn’t suffer the same economic collapse the western world did India's housing market is run by its parallel economy. Black money is what drives it.
Source: Reuters - 🏆 2. / 97 Read more »