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IPCC Demands Greater Deployment & Investment In Clean Energy

IPCC Demands Greater Deployment & Investment In Clean Energy

In the sixth assessment of the third and final report of the Intergovernmental Panel on Climate Change (IPCC), the demand for greater deployment and investment in the clean energy sector has been uplifted with an urgent emphasis. The panel said “we have the technology, but not the necessary investment to boost renewable energy.

The Clean Energy Council Chief Executive, Kane Thornton, said, “Renewable energy is playing a great role in reducing the greenhouse gas emissions in Australia and is a proven technology with an enormous potential to efficiently limit the carbon footprint at a cost-effective price.”

In its report, the IPCC made it clear that, at present, the only reliable way to contain greenhouse gases and global warming up to 1.5 degrees is only achievable through a massive deployment and investment in the wind, solar, and battery storage sector.

The foremost thing to focus on is the reduction of harmful emissions in the environment to give our future generations a better atmosphere to live in and greenhouse gas emissions are on the top of the list.

The Clean Energy Council is strongly advocating for an electricity grid in these federal elections leadup. This grid will be powered by 100 per cent renewable energy by 2030 and will ensure a reduction in emissions by up to 44.5 per cent based on 2005 levels. Though this target is not that ambitious, it should be the utmost priority of the next Federal Government, said Mr Thorton.

With challenges in connecting renewable energy projects to the grid that accounts for 32.5% of Australia’s energy demand, Canberra should do everything it can to facilitate the private investment in the renewable energy sector.

It is critical that the industry, government, and community should work together to manage the energy transition.

Conclusion: In the sixth assessment of the third and final report of the Intergovernmental Panel on Climate Change (IPCC), the demand for greater deployment and investment in the clean energy sector has been put up.

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