Solar is the key to climate action – MENAFN.COM

Solar is the key to climate action – MENAFN.COM

(MENAFN - Asia Times) The Group of Seven Summit that kicked off in England on Friday is an opportunity to cooperate in support of countries emerging from the Covid-19 pandemic with a common-sense approach to what a green recovery means in practice. Establishing major solar-power targets nationally and through multilateral cooperation can be an immensely powerful move to contain global emissions and revitalize employment in sectors stagnating under coal, oil and natural gas. Shift fossil fuel spending to solar Extended support for fossil fuels could also defeat the target of net zero carbon emissions by 2050 as carbon capture and storage (CCS) technologies are still in their infancy. Shifting our focus to a developing and unproven set of technologies would perpetuate the myriad inefficiencies built into the fossil-fuel ecosystem and may even encourage their continued extraction. On the other hand, consensus has been building for years that solar power and storage is the strongest global solution for the climate crisis, and the International Energy Agency recently reinforced that along with its sister technology, wind power. The solar PV (photovoltaics) industry alone accounts for 4 million jobs annually around the world, and millions more can be added by 2030 if the