Sure, we’re making progress with green energy, but is it enough progress? Back in 1971, approximately 13.12% of the world’s energy stemmed from renewable sources, compared to a modestly lower 12.99% in 2011. The public’s confidence is up – according to a survey by the International Energy Agency, a majority of Americans believe that renewables’ share of the energy market will jump to 30% by the year 2035. But experts, on the other hand, are being a little less optimistic. 14.5% would be a great number to hit, they claim. If we’re lucky.
So, why the stalled progress?
Solar and wind only account for one-third of 1% of the total global renewable pie. Not exactly satisfying, huh? This forces the energy starved market to consume biomass in environmentally hazardous ways. In pre-industrial Western Europe, for example, wood burning resulted in heavy deforestation (not that much has changed – deforestation continues to plague the world). The indoor air pollution produced by biomass continues to kill an estimated 3 million people each year.
Another hiccup in the transition to renewable energy is the fact that most renewable-dependent countries are poor. Dirt poor. Africa generates nearly half of its total energy from renewable sources, while the European OECD countries only manage to generate 11.8% – well below the global average.
The unfortunate truth is that mankind has been steadily and intentionally sabotaging renewable energy since the 1800s. Fossil fuels, at the time, appeared to be the revolutionary means to ending the harvesting of whale blubber for lamp oil; a means of traveling further, faster, and building bigger than ever before.
However, we now have the data that proves fossil fuels and their carbon emissions have been major contributors to global warming. So now we find ourselves looking to the past for guidance. Looking for a return to renewables!
Over the past 12 years, governments of the world have invested $1.6 TRILLION in green energy. By the end of the decade, the European Union’s effort to stimulate renewable development is predicted to come with an annual bill of $250 billion. Spain now pays 1% of its total GDP out to subsidies for renewables, which is more than the country spends on secondary education!
We don’t need to throw more money at our energy and environmental problems – we just need to start using the money wiser.
“Suggesting that renewables will let us phase rapidly off fossil fuels in the United States, China, India, or the world as a whole is almost the equivalent of believing in the Easter Bunny and Tooth Fairy,” jokes Jim Hansen, former American Vice President Al Gore’s climate adviser.
Green energy policies have been failing in the 21st Century so far for one very obvious reason: renewables aren’t cost effective! At least they weren’t…
NRGLab has developed the SH-Box, a renewable generator that’s powered by a polycrystalline core. By converting all-natural geothermal heat into usable electricity, we’ve been able to cut the cost-to-consumer dramatically! That’s right – you could be paying as little at $0.03 per kWh. Compare that to your next electricity bill!
But we didn’t stop there. We developed a slate of energy projects with the intention of meeting the demands of the world’s diverse markets. Our innovative gasification technology recycles agricultural waste, rice, and other biomass into useable fuel – at a fraction of the cost of conventional biturbine plants.
For more information on NRGLab, the SH-Box, or our gasification power plants, visit NRGLab.asia.
[ renewable energy, green energy, International Energy Agency, European OECD, Al Gore, Sh-box, nrglab, nrglab singapore, nrglab asia, nrglab sh-box ]