Press release - 1 June, 2016
Amsterdam, 1 June 2016 - Responding to the REN21 report which takes a global looks at the renewable energy sector, Greenpeace International global energy strategist, Emily Rochon said:
"Although the deck remains stacked against renewables – with fossil fuel subsidies, low fuel prices, problems accessing the grid, vested interests and government inertia – they are still breaking through. If renewables can add 147 GW of power in 2015 with this economic picture, imagine what they could achieve if the cards were even.
"The cost competitiveness of renewable energy is driving this transformation, even with low fossil fuel prices. But governments must accelerate this change by stopping investment in fossil fuels and diverting that money to renewable energy because it is the only chance we have to deliver the Paris Agreement's objective of limiting global temperature rise to 1.5C.
The G7 says it will end "inefficient" fossil fuel subsidies by 2025. G7 countries, and all others, need to end fossil fuel use, not just subsidies, and by 2050 at the latest. Accelerating the take-up of renewables is the best way to achieve this."
ENDS
Notes:
Read the report here.
Contact:
Greenpeace International Press Desk, 
, +31(0)207182470 (available 24 hours)