Page added on October 27, 2008
The world could eliminate fossil fuel use by 2090, saving $18 trillion in future fuel costs and creating a $360 billion industry that provides half of the world’s electricity, the European Renewable Energy Council (EREC) and environmental group Greenpeace said on Monday.
The 210-page study [pdf] is one of few reports
“Renewable energy could provide all global energy needs by 2090,” according to the study, entitled “Energy (R)evolution.” EREC represents renewable energy industries and trade and research associations in Europe.
A more radical scenario could eliminate coal use by 2050 if new power generation plants shifted quickly to renewables.
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