Global Renewable Energy on Track to Soon Eclipse Natural Gas, Nuclear
A new report predicts that renewable power energy generation will exceed that of gas and nuclear by 2016.
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. (See related quiz: "What You Don't Know About Solar Power.")
"I'm setting a new goal," Obama said. "Your