Wednesday, July 22, 2009

Background on Renewable Energy

I've been listening to a podcast from ABC radio on The Other Climate Debate. It's not so much a debate, more a question of how best to go about encouraging renewable energy here in Australia, where renewable resources are so abundant.

The report also reminded me that Europe, South America, and China have 20% Renewable Energy targets - so far Australia has not. It also mentioned that (per capita) Australia is the biggest carbon polluter on the planet. Also, that with Solar Thermal technology, solar energy can be stored as heat to produce round-the-clock electricity.

As far as economics is concerned, Carbon Market Economics says that a Renewable Energy target not only helps tackle climate change, but helps the economy as well. Similarly, Barack Obama proclaimed

We know the country that harnesses the power of clean renewable energy will lead the 21st century.

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