Ethical Oil FAIL: so slimy it gets mixed with Saudi crude anyway

Interesting Times12/01/2011 1:40:44 pm PST

One Third of World’s Energy Could Be Solar by 2060, Predicts Historically Conservative IEA

The agency has embraced the need for more clean electricity and fuels to address climate change and peak oil, but its outlook for the future is usually far more conservative than how reality plays out. So when an official at the IEA says we could get up to one third of our global energy supply from solar photovoltaics, concentrating solar power, and solar hot water by 2060, that’s a fairly big piece of news. But even that projection may be conservative.

Renewable power trumps fossil fuels for first time

Renewable energy is surpassing fossil fuels for the first time in new power-plant investments, shaking off setbacks from the financial crisis and an impasse at the United Nations global warming talks. Electricity from the wind, sun, waves and biomass drew $187 billion last year compared with $157 billion for natural gas, oil and coal, according to calculations by Bloomberg New Energy Finance using the latest data.

World’s Engineers: “The Technology Needed to Cut the World’s Greenhouse Gas Emissions by 85% by 2050 Already Exists”

The statement says that generating electricity from wind, waves and the sun, growing biofuels sustainably, zero emissions transport, low carbon buildings and energy efficiency technologies have all been demonstrated. However they are not being developed for wide-scale use fast enough and there is a desperate need for financial and legislative support from governments around the world if they are to fulfil their potential.