AUSTIN, Texas – The world can transition to 100 percent renewable energy by the year 2050, according to a new report from Greenpeace.
The plan calls for phasing out oil and gas at a rate that matches the depletion of existing fields, and warns exploration for new fields should be seen as high-risk investments since those fossil assets could end up stranded in a clean energy future.
Kelly Mitchell, energy campaign director with Greenpeace USA, calls the study a road map showing the move is possible, but says it’s not a crystal ball.
“We’re at the point now where there is no shortage of technical and scientific and human solutions to the climate crisis,” she states. “But what continues to be lacking is the political will.”
The report found moving to clean energy could create more than 20 million new jobs between now and 2030.
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