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What is the outlook for renewable energy sources and their potential in mitigating the effects of climate change?

Deonta Runciman

The outlook for renewable energy sources in mitigating the effects of climate change is promising. There is no doubt that renewable energy is the future of the global energy mix and a key solution to combat climate change. This is largely due to their low carbon footprint and their ability to reduce greenhouse gas emissions.

The impact of climate change is severe and requires urgent attention. According to the Intergovernmental Panel on Climate Change (IPCC), the planet's temperature has already risen by 1 degree Celsius, which has led to increased frequency of disasters, melting of glaciers, and rising sea levels. To prevent further climate change, we need to shift our focus on renewable energy sources such as solar, wind, geothermal, hydro, and biomass.

The potential of renewable energy sources in mitigating climate change is colossal. If we can increase our reliance on renewable energy sources, we can reduce carbon emissions and other harmful pollutants significantly. The International Renewable Energy Agency (IREA) estimates that renewables could provide up to 85% of the world's energy needs by 2050. This would mean that we could reduce our carbon emissions by more than 50% and move towards a sustainable future.

In recent years, we have seen an increase in renewable energy installations across the globe, and this trend is expected to continue. According to the International Energy Agency (IEA), renewable energy capacity rose by 200 GW in 2019. This demonstrates that the shift to green energy is gaining momentum and that many countries are taking meaningful steps towards renewable energy.

Moreover, renewable energy sources are becoming more competitive and affordable. With technological advancements, the cost of renewable energy sources has been declining, making them accessible to many. The cost of solar and onshore wind energy is now competitive with or cheaper than fossil fuels in many countries. This means that we can transition to green energy without worrying about economic implications.

In conclusion, the outlook for renewable energy sources in mitigating climate change is bright. Governments, businesses, and individuals must prioritize renewable energy and invest in clean energy to protect the planet. By working together, we can create a sustainable future and prevent further damage to the environment.