Green Cross International and former Russian President Mikhail Gorbachev are urging world leaders and the private sector to make big investments in solar energy to help the world economy recover from the current economic crisis and as part of a response to climate change.
Talking about the enormous potential that tapping solar energy holds, Gorbachev referred to the Global Solar Report Card, the first of its kind, analyzing 16 countries' investments in solar energy.
"The oil industry is a key stakeholder. Their commitment is essential to turn the tide against the massive accumulation of greenhouse gases in the atmosphere,” Gorbachev said. “This economic crisis must mark the beginning of a new sustainable development path that has been long overdue. Solar power needs big investments to expand and create significant effects. For the 2 billion people currently living without electricity, the sun is the best hope.”
Speaking to a crowd in San Antonio, Texas about the potential that tapping solar energy holds, Gorbachev referred to the just-released Global Solar Report Card, analyzing 16 countries’ investments in solar energy.
The Global Solar Report Card by Green Cross International and its American affiliate, Global Green USA outlines successes and failures in 16 countries’ and the state of California’s efforts in designing policy frameworks for solar development. The ranking is based on a 100-point system that allocates a maximum of 30 points to the amount of solar installed so far, and the remaining 70 points to drivers for future growth.
The following are some of the highlights of the analysis:
For more details, or to download the entire report, click here.
Has a vast potential and huge market with abundant solar insolation in the country thru out the year.
Must find its place at no. 4 or 5 in the world.
Sr Consultant
Dr Om P Nangia
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