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Renewables rising, Part 2: Seeking stability amid volatile fossil fuel markets

UN News·© ADB/Viet Tuan·about 1 month ago
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Renewables rising, Part 2: Seeking stability amid volatile fossil fuel markets Unlike oil and gas, which expose countries to price spikes and geopolitical risk, renewables offer stable, domestically produced power that can strengthen energy security, cut emissions of harmful greenhouse gases and support long-term growth. In the second in our series focusing on how renewables are shaping the future of energy security, UN News looks at four countries which are striving to increase the share of greener energy sources. Why it matters: As The UN Secretary-General António Guterres said in March: “The fastest path to energy security, economic security, and national security is clear: speed up a just transition away from fossil fuels and toward renewable energy.” Germany: Accelerating the energy transition The big picture: Germany has one of the world’s biggest economies and according to its environment agency “renewable energies have undergone constant growth” as part of the European nation’s long-term shift away…

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