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  1. #1

    The future of energy

    It’s hard to predict the future, but you can be sure that the energy sector will look significantly different 20 years from now than it does today.
    While companies will still produce fossil fuels in 2040, renewables could account for almost 70% of the world’s energy mix, while nearly 80% less carbon will be emitted into the air, according to a report from global financial institution ING. Global energy demands will rise by about 28% between now and 2040, but our air should be cleaner and our planet healthier.

    Getting to that point won’t be easy. It will take billions of dollars of investments in new technologies, commitments from financial institutions to fund both low-carbon projects and renewable energy projects, and the right incentives from governments to make innovations like carbon capture economically viable.

    Right now, one of the big challenges facing the industry is decarbonizing energy production, either by introducing more renewables into the global energy mix, producing fossil fuels in a more environmentally efficient way, or reducing the amount of carbon in the air.

    “We’re talking about decarbonizing power generation, increasing penetration rates of renewables, and reducing emissions in the fossil fuel industry,” says Michiel de Haan, global head of energy at ING.

    In order to move to a renewables-powered, zero-carbon planet by 2040, companies, startups, academics, and others must look at more innovative ways to speed up that process. And many are doing just that — in the US alone, there are more than 2,500 clean-technology startups, according to Crunchbase.

    Continuous investments in clean energy technology are also required. According to the International Finance Corp., the Paris climate agreement, in which 189 countries pledged to limit global temperature increases, will elicit $23 trillion in new climate-related investment opportunities in emerging markets between now and 2030. In 2019, global clean-energy investments topped $363 billion, while investments into renewables more specifically topped $282 billion in 2019, according to Bloomberg. Those numbers will need to keep rising year after year, says de Haan.

  2. #2
    Hi there. More and more see info about renewable energy. It drew more than $2.6 trillion in investment from 2010 to 2022. Building new wind or solar capacity now costs less than adding the equivalent in coal or gas plants in two-thirds of the world. Investment has pushed solar energy to more than 8% of global generating capacity, and wind to almost 9%. Is that the sign to buy shares of some companies, or what is better to invest?

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