Report: China Could Generate 80 Percent of Its Energy From Renewables By 2050
The idea that China, the worlds largest producer of greenhouse gas emissions, could generate a significant portion of its energy from renewable sources might seem like a distant dream, but according to a new report, its not so far off. [Video Below]
Chinas Future Generation, launched at the Wilson Center on February 19 and produced by the World Wildlife Fund and Energy Transition Research Institute, forecasts that China could reach 80 percent renewable electricity by 2050 at far less cost than continuing to rely on coal, which currently accounts for 70 percent of power generation.
A Renewable Future?
In the report, lead author William Chandler and his team estimate Chinas electricity supply and demand on an hour-by-hour basis through 2050 using a model specially developed for assessing the effects of different power choices. The China 8760 Grid Model, as its called, projects results under four scenarios: baseline, high efficiency, high renewables, and low carbon mix.
http://www.newsecuritybeat.org/2014/03/report-china-generate-80-percent-energy-renewables-2050-cost-coal/#.UzcHs9VdWSo
As we drill baby drill, the rest of the world thankfully is starting to get the idea ...