Countries and companies are finding that renewable energy isn’t just cleaner, it’s also often cheaper. About 190 Fortune 500 companies collectively reported about $3.7 billion in annual savings, according to Power Forward 3.0, a report by WWF, Ceres, Calvert Research & Management and CDP.
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Last week, Ireland’s Citizens’ Assembly met to debate how the country could establish itself as a world leader in the fight against climate change. During the gathering, members heard how the nearby European nation of Scotland has managed to get on track to supply 100 percent of its electricity via renewables by 2020.
Over the past fifteen years, Scotland has gone from garnering 10 percent of its electricity from renewables to 60 percent. The country hit its emissions targets for 2020 five years earlier than anticipated, and looks set to preserve that momentum going forward.
Scotland’s transition to renewable energy has been made without any negative impact on the country’s finances – its accomplishments serve to demonstrate that there’s no longer a need to decide between ecological and economic considerations.
Part of its success can be attributed to a…
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