The future appears to be bright for renewable energy sources like solar, wind, and water.
In fact, power generation from such renewables will exceed that of gas and nuclear by 2016, according to a report published Wednesday by the International Energy Agency (IEA).
"As their costs continue to fall, renewable power sources are increasingly standing on their own merits versus new fossil-fuel generation," IEA executive director Maria van der Hoeven said in a statement.
The report's publication comes on the heels of a speech Tuesday by U.S. President Barack Obama in which he unveiled a plan to combat climate change by limiting greenhouse gas emissions from fossil-fueled power plants and increasing federal reliance on renewable energy sources.
"I'm setting a new goal," Obama said. "Your federal government will consume 20 percent of its electricity from renewable sources within the next seven years."
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Last Edit: Jun 26, 2013 16:07:04 GMT -5 by coolplanet
"If you're smart or rich or lucky maybe you'll beat the laws of man but the inner laws of spirit and the outer laws of nature no man can, no, no man can." ~Joni