• Energy.

    Renewables already generate almost 50% of electricity... but electricity is still at record prices

  • Supply.

    Can Russia suddenly cut off gas supplies to the entire EU as it has done to Poland and Bulgaria?

"Renewables are the peace plan for the 21st century," UN Secretary General

António Guterres

warned in a speech on Tuesday before the World Summit in Austria.

"

If we had invested more in renewables in the past, we would not be in the position we are in now

, exposed to the volatility of fossil fuel markets."

"The energy crisis, exacerbated by the war in Ukraine, has seen a dangerous redoubling of the bet on gas and oil in the big economies," Guterres warned.

"The war has reinforced an unfortunate lesson:

our energy mix is ​​broken

."

The UN Secretary General's speech coincided with the publication of the devastating report by the Center for Research on Energy and Clean Air (CREA) of Finland, which estimates that

Russia has pocketed more than 90,000 million euros in the first 100 days of war

for the sale of oil and gas, with the European Union as the main client and destination of 61% of exports.

Moscow's partial embargo on oil imports will not start to take effect until the second half of the year, while

Europe is expected to remain dependent on Russian gas next winter

.

China leads the imports with 13,000 million euros, followed by Germany with 12,000 million and Italy with 8,000 million.

"Many governments are dragging their feet," warned António Guterres in his speech in Austria.

"Continuing to invest in the exploration and exploitation of fossil fuels is a false illusion. That would be condemning the world to more war, more pollution and more climate change. We are witnessing a historic and dangerous disconnect: science and citizens demand ambitious changes , but

we are faced with political inaction and that is going to have big consequences

."

"The window to prevent the worst climate impacts is closing fast," Guterres added.

"

Our planet has already warmed by almost 1.2 degrees

. To maintain the goal of 1.5 degrees we have to reduce emissions by 45% in 2030 and reach zero emissions in 2050. But with the current commitments they will continue to increase a 14% in this decade. Last year, emissions from power generation increased 6%, when they should be falling."

The UN secretary general stressed the need to "

dismantle the coal infrastructure

" within a decade in industrialized countries and by 2040 in developing countries.

He guterres a desperate appeal to investors to

turn off the tap on fossil fuels and give a new boost to renewables

.

"The prices of gas and oil have reached historical records, while the cost of solar energy has fallen 85% in a decade and that of wind energy, 55%", stressed Guterres, who outlined his five-point plan to the relaunch of renewable energies...

"First, get

the technology declared of public interest

and intellectual property barriers disappear. Second,

improve global access to supply chains

. Third,

remove bureaucracy

and accelerate the development of large projects. Fourth, transfer the fossil fuel subsidies to

clean energy

and address the potential consequences for the most vulnerable parts of the population. And fifth,

triple investments in renewables

."

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