Exact(10)
He said the large utility companies and independent firms might be better placed to develop renewables.
If we develop renewables, those monies will stay in the island.
Devoting resources to this now merely detracts from the effort to reduce energy use and develop renewables.
Previously, environmentalists had accused the company of neglecting to develop renewables on its vast properties because of its heavy reliance on nuclear power.
Fossil fuels are estimated by the International Energy Agency to receive subsidies of $500bn per year, six times the incentives to develop renewables.
Maybe the best way to see the plunge in the oil price is that it buys us time, time both to establish economic growth and time to develop renewables.
Similar(50)
Developed countries worldwide are investing substantial sums to develop renewable energy systems.
The ultimate goal is to develop renewable resources locally.
Chancellor Angela Merkel hailed the plan, saying it would allow Germany the time to develop renewable resources.
Last year, Google unveiled an ambitious initiative called RE C, denoting its goal to develop renewable energy that is cheaper than coal.
This audit of the energy system is linked to policies to fight climate change and develop renewable energy sources.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com