Questão 855728

Text II

Why You Should Invest In Green Energy Right Now

It’s no secret that the global energy demand

continues to rise. Driven by emerging economies and

non-OECD nations, total worldwide energy usage

is expected to grow by nearly 40% over the next 20

5 years. That’ll require a staggering amount of coal, oil

and gas.

But it’s not just fossil fuels that will get the

nod. The demand for renewable energy sources is

exploding, and according to new study, we haven’t

10 seen anything yet in terms of spending on solar, wind

and other green energy projects. For investors, that

spending could lead to some serious portfolio green

as well.

Rising Market Share

15 __ The future is certainly looking pretty “green”

for renewable energy bulls. A new study shows that

the sector will receive nearly \$5.1 trillion worth of

investment in new power plants by 2030. According to

a new report by Bloomberg New Energy Finance, by

20 2030, renewable energy sources will account for over

60% of the 5,579 gigawatts of new generation capacity

and 65% of the \$7.7 trillion in power investment.

Overall, fossil fuels, such as coal and natural gas, will

see their total share of power generation fall to 46%.

25 That’s a lot, but down from roughly from 64% today.

Large-scale hydropower facilities will command

the lion’s share of new capacity among green energy

sources. However, the expansion by solar and wind

energy will be mighty swift as well.

30 __ The Bloomberg report shows that solar and

wind will increase their combined share of global

generation capacity to 16% from 3% by 2030. The key

driver will be utility-scale solar power plants, as well as

the vast adoption of rooftop solar arrays in emerging

35 markets lacking modern grid infrastructure. In places

like Latin America and India, the lack of infrastructure

will actually make rooftop solar a cheaper option for

electricity generation. Analysts estimate that Latin

America will add nearly 102 GW worth of rooftop solar

40 arrays during the study’s time period.

Bloomberg New Energy predicts that economics

will have more to do with the additional generation

capacity than subsidies. The same can be said

for many Asian nations. Increased solar adoption

45 will benefit from higher costs related to rising liquid

natural gas (LNG) imports in the region starting in

2024. Likewise, on- and offshore wind power facilities

will see rising capacity as well.

In the developed world, Bloomberg New Energy

50 Finance predicts that CO2 and emission reductions

will also help play a major role in adding additional

renewable energy to the grid. While the U.S. will

still focus much of its attention towards shale gas,

developed Europe will spend roughly \$67 billion on

55 new green energy capacity by 2030.

Available at: < https://www.investopedia.com/articles/markets/070814/why-you-should-invest-green-energy-right-now.asp >.

Retrieved on: 12 Feb 2018. Adapted.

In Text II, the author affirms that “The future is certainly looking pretty green for renewable energy bulls” (lines 15-16) because of the