Invest In Clean Energy

Global Availability:

Renewable energy sources are accessible in all countries, providing an opportunity to diversify economies and reduce dependency on fossil fuel imports, thus mitigating geopolitical vulnerabilities. Investing in clean energy can foster energy independence.

Cost-Effectiveness:

Renewable energy has become the cheapest power option in many parts of the world, with rapidly declining technology costs. The affordability of solar and wind power makes them attractive, offering a potential to provide a significant portion of the world’s electricity supply by 2030 and decarbonise the power sector by 2050. Investing in clean energy technologies is crucial for further reducing costs and expanding adoption.

Health Benefits:

Fossil fuel-related air pollution poses a significant threat to global health, causing millions of avoidable deaths each year. Transitioning to clean energy sources can address both climate change and air pollution, improving public health and reducing economic costs associated with health issues. Investing in clean energy is an investment in public health.

Job Creation:

Investment in renewable energy creates more jobs compared to the fossil fuel industry. The transition to clean energy is estimated to result in a net gain of 9 million jobs, with the potential for over 30 million jobs in clean energy, efficiency and low-emission technologies by 2030. Investing in clean energy industries is essential for driving economic growth and employment.

Economic Sense

Despite the initial upfront costs, investing in renewable energy is economically viable. The reduction in pollution and climate impacts alone could save up to £3.3 trillion per year by 2030. Shifting subsidies from the fossil fuel industry to investments in clean energy technologies can contribute to a more sustainable and resilient energy system.