Climate change is costing the world $16 million per hour: study
Climate change is costing the world $16 million per hour: study
Climate change costs $16 million per hour in damage, mostly due to extreme weather events. Policymakers should use this data to allocate funds to help countries rebuild.
You'd think this would give us some wiggle money to play with to build out new energy infrastructure. You're wrong though, there is no wiggle. We need all renewables like Germany.
Although the transition to EVs will require an enormous increase in base production capacity, it would be wasteful to build out nuclear to meet it.
$16m an hour might seem like a lot of damage, but nuclear can only exacerbate economic loss which is equally important as climatic loss.
Renewables now!
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Germany is in no way a role model when it comes to renewable energy.
Aren’t they ahead of many other developed nations? Just because they’re not perfect or their journey isn’t complete doesn’t mean their progress isn’t worth taking inspiration from.
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Germany has made great sacrifice to be a leader in renewables. An example for other nations of what can be accomplished with confident determination.
Germany is heavily relying on coal: https://www.cleanenergywire.org/factsheets/coal-germany
It's also building inefficient LNG terminals for liquid gas. Far away from being a leader in renewables.
Furthermore EVs are not a solution for climate change, but rather to save the car industry, which is particularly strong in Germany.
The past conservative governments have slowed down renewables unnecessarily. But one of the biggest successes of the world destruction lobby is to make people believe the energy transition was hard. Don't focus too much on the little things. Look at the big picture: https://www.energy-charts.info/charts/renewable_share/chart.htm?l=en&c=DE&interval=year&legendItems=01
Hard coal and lignite have a share of 35.3 percent in German power production (compared to 35.2% from renewables, 11.7% from nuclear and 12.8% from natural gas in 2018).
As of five years ago they were also heavily relying on renewables according to your source.