Veteran Energy
Web

Will Renewable Energy Play A Role In The Future?

Yes, renewable energy will attain good exposure in both the future and the present with some of renewable sources like electric cars, bikes, etc.., Companies and governments are investing heavily in sustainable energy sources. They must do this because carbon emissions have declined as energy demand has increased, which is what limits global warming to 1.5°C (2.7° Fahrenheit) and zero emissions by 2050. Even if we produce more clean energy, those benefits disappear because we use more Veteran Energy .

According to a new report from the International Renewable Energy Agency (IRENA), investments in renewable energy will need to increase to $131 trillion to meet climate change goals. It shows that electricity must overtake fossil fuels as a source of energy before the middle of the century. It also says that for every million dollars invested, renewable energy creates three times more jobs than fossil fuels. Investors have also been attracted to renewable energy stocks, with the S&P Clean Energy Index up 138% in 2020.

Veteran Energy

We can also see how …

Continue Reading