I read an interesting comment made by an engineer about how Switzerland could ban electric cars in the winter because of the probable lack of gas coming from Russia. I found it rather amusing!
In fact, many people argue that electric cars are a waste of time because creating electricity creates pollution. Yes, that is correct as long as fossil fuels are used to create it. For this reason, many countries are offering incentives for renewable energy. Taking advantage of nature while respecting it and not destroying our planet makes total sense when we consider scientists have warned us about global warming.
We all need to get on the same page if we are going to provide our children and their offspring and future generations a world that is self-contained by collective empathy and constructive alignment.
Renewable energy is energy derived from natural sources that are replenished at a higher rate than they are consumed. Sunlight and wind, for example, are such sources that are constantly being replenished. In Brazil, the water is harnessed by using gushing river streams in hydroelectric plants to create electricity.
Renewable costs have been trending down for decades and are already cheaper than fossil fuels in many situations. Our research shows they will become cheaper than fossil fuels across almost all applications in the years to come and if we accelerate the transition, they will become greener and cheaper faster.
This is great news for the sustainability and survival of our planet. To achieve our energy production goals and rid ourselves of polluting fossil fuels, we must face the challenges in our way.
Historically, one of the major problems with renewable energy generation is that supplies are far more variable than other means of energy generation. Fluctuations in sunlight levels and wind mean that supplies are less consistent than those derived from fossil fuel plants. However, it is being dealt with by new technology.
In fact, study shows investments in renewables would pay for themselves within six years, and switching to clean energy would immediately decrease energy usage by 56% and annual energy costs by 63%.
In Brazil, the use of renewable energy sources is predominant in hydraulic energy with 61%, in second place wind (9%), followed by biomass (8%), nuclear (1%) and solar (1%), according to 2019 data.
In the USA, the federal tax incentives, or credits, for qualifying renewable energy projects or equipment include the Renewable Electricity Production Tax Credit (PTC), the Investment Tax Credit (ITC), the Residential Energy Credit, and the Modified Accelerated Cost-Recovery System (MACRS).
Renewable energy innovation boosted by £37 million government funding across the UK. Innovative biomass projects across the UK have today been awarded £37 million in funding.
Take care!
Prof. Carl Boniface
Vocabulary builder:
Self-contained (adj) = independent, self-sufficient, self-reliant, autonomous, (ant) dependent
Greener (adj) = greener (plural greeners) (slang, derogatory) A newcomer; a recent immigrant. (Slang, derogatory) A person with a passion for protecting the natural environment; an ecological activist.