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Developing world invests more in renewable energy than rich countries for first time

lunes, 27 de junio de 2016 | Adaptación

Investment in renewable energy was higher in the world’s poorest countries than the richest ones for the first time last year, according to a major new report.

A total of about £196.5bn was spent renewable power and fuels globally in what was a record year for investment in the sector, according to the Renewables 2016 report by the Renewable Energy Policy Network for the 21st Century (Ren21). 

But more than £107bn of that total, which doesn’t include large hydropower schemes and heating and cooling technologies, took place in developing countries such as China, India and Brazil.

Friends of the Earth said it was "shameful" that the UK was being outspent by "much poorer countries" and attacked the Government for failing to create the right environment for investors in renewables.

By the end of 2015, there was enough renewable capacity to supply an estimated 23.7 per cent of the world’s electricity - a figure the UK Renewable Energy Association (REA) said showed that there was a “strong business case” for the industry.

However the REA also lamented “political decisions” by the British Government that it said were holding back the sectors’ growth and favouring “more expensive technologies instead”.

In 2015 renewables worldwide had the capacity to generate 1,849 gigawatts of power, compared to 1,701 gigawatts in 2014, after the largest ever annual rise, the Ren21 report said.

Christine Lins, REN21’s executive secretary, pointed out this record level of growth had been achieved despite governments around the world heavily subsidising fossil fuels.

“What is truly remarkable about these results is that they were achieved at a time when fossil fuel prices were at historic lows, and renewables remained at a significant disadvantage in terms of government subsidies,” she said.

“For every dollar spent boosting renewables, nearly four dollars were spent to maintain our dependence on fossil fuels.”

 

Source: Independent