Solar panels and wind turbines are becoming increasingly commonplace. Why then? How do renewable energy sources benefit our health, the environment, and the economy?
The following are five motivations behind why speeding up the change to clean energy is the pathway to a solid, reasonable planet today and for a long time into the future.
Renewable energy sources are all around us
Countries that are net importers of fossil fuels account for about 80% of the world’s population. This means that about 6 billion people depend on fossil fuels from other countries, making them vulnerable to geopolitical shocks and crises.
On the other hand, renewable energy sources can be found in every nation and wind energy have yet to be fully utilized. By 2050, renewable energy should be able to supply 90% of the world’s electricity, according to the International Renewable Energy Agency (IRENA).
Renewable energy is less expensive
In fact, the renewable energy industry is currently the least expensive form of power in most of the world. Technologies for renewable energy are rapidly falling in cost. Between 2010 and 2020, the price of solar-generated electricity decreased by 85%. Onshore and offshore wind energy prices decreased by 48% and 56%, respectively.
Prices falling make renewable energy more appealing to everyone, including low- and middle-income nations, which will account for solar companies in India for the majority of the additional demand for new electricity. There is a real chance that most of the new power supply in the coming years will come from low-carbon sources as costs fall.
Your carbon footprint is reduced by renewable energy
We are all more aware of how our actions affect the environment. More than just sea turtles and straws are involved. From the garments we purchase and the food we eat to the power that powers family film night, pretty much every decision we make influences the climate. It’s possible that we are unaware of it.
Your carbon footprint in solar energy in India, a metric used to calculate your impact on the environment, is the result of those everyday choices. As you would have speculated, involving energy from sustainable sources in your home brings down your carbon impression by “balancing” or swapping the requirement for petroleum derivative outflows with zero-discharge energy sources like breeze and sun based.
Renewal Energy is healthy
The World Health Organization (WHO) says that renewable energy is better for you. More than 13 million people die each year because of environmental causes that can be avoided, like air pollution. About 99 percent of people in India breathe polluted air, without a solar power plant in India.
Thus, switching to clean energy sources like wind and solar helps address not only climate change but also health and air pollution.
Powering safer future
In 2020, about $5.9 trillion was spent on subsidies for the fossil fuel industry, including explicit subsidies, tax breaks, and damages to health and the environment that were not included in the price of fossil fuels. Renewable energy makes economic sense.
In addition, by diversifying power supply options, efficient and dependable renewable technologies can create a system that is less susceptible to market shocks, enhance resilience, and increase energy security.
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