According to the United Nations — coal and gas-fired electricity generation in year 2015 drew less than half the record investment made in solar, wind and other renewable energy.
A report by the UN’s Environment Program put the annual global investment in new renewables at $266 billion — while $130 billion went to coal and gas power stations. China alone provided a third of the world’s investment in renewables. Still, despite the heavy investment — cost, technology and storage remain ongoing challenges.
For more on the issue and the future of renewable energy, CGTN’s Daniel Ryntjes reports.
Joining us to continue the discussion:
- Tyson Slocum, energy program director for the advocacy group, Public Citizen
- Steve Milloy focuses on energy, the environment and public health issues as the founder and publisher of Junk Science.com
- Alvin Lin, China policy director for Climate and Energy at the Natural Resources Defense Council
For more:
Companies from Cuba, China sign deals to strengthen cooperation on #renewableenergy https://t.co/9xvTRDIH2y pic.twitter.com/U6vesx4aMQ
— China Xinhua News (@XHNews) January 21, 2017
China is stopping 103 coal power projects as part of its move toward more renewable energy https://t.co/0HQdJVbnTi pic.twitter.com/wsLVmo1Myn
— Business Insider (@businessinsider) January 19, 2017
China Aims to Spend at Least $360 Billion on Renewable Energy by 2020 https://t.co/Qvglzc7teD
— Alex Juy (@alexjuy) January 14, 2017
US debates climate change science & attack renewables, #China invests in renewables 4 energy independence https://t.co/2H1QkTVgEb
— Tyson Slocum (@TysonSlocum) January 18, 2017