Why fossil fuels are like renting a home - and solar panel imports soon pay for themselves
Source:
Euronews.com
5 days ago
A recent analysis by Ember reveals that 74% of the global population lives in countries reliant on fossil fuel imports, emphasizing the importance of renewable energy for energy security. The International Energy Agency's summit in London aims to address energy challenges and promote renewables as a stable alternative to fossil fuels. Countries like Japan, Korea, Türkiye, and Germany are heavily dependent on imports, while China maintains lower reliance through domestic energy sources. The analysis highlights the cost-effectiveness of solar panels, which pay for themselves within a year, contrasting with the ongoing expenses of fossil fuel imports. The EU is working towards energy independence from Russia by 2027, with renewables playing a crucial role. Full article (Euronews.com)