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futu[r]e investment

"futu[r]e investment: a sustainable investment plan for the power sector to save the climate" was published in July 2007 by Greenpeace and the European Renewable Energy Council.

It argues that with rising fossil fuel prices the use of renewables would not only cut our global CO2 emissions from the electricity sector in half by 2030, but would also cost 10 times less than a ‘business as usual’ fossil-fuel future would, translating into savings of $180 billion a year. The report says that this could be used to provide the extra aid needed for us to reach the Millennium Development Goals by their target date of 2015.

The goals are to eradicate extreme poverty and hunger; universal primary education; gender equality and women’s empowerment; reduce child mortality; improve maternal health; combat HIV/AIDS, malaria and other diseases; ensure environmental sustainability; and develop a global partnership for development.

You can read the press release here.

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