Increasing Renewables, Decreasing Fossil Fuels

According to a report published earlier this month by the European Environment Agency (EEA), the use of fossil fuels across the European Union continues to decline due in part to increased consumption of renewable energy sources like wind, solar and biomass. The report, which assesses progress on the use of renewable energy, found that clean energy technologies are an important driving force in reducing greenhouse gas emissions and in creating employment in Europe. Also according to this report, public funding in research and development of new renewable energy sources has increased between 2005 and 2013 but at a slower pace than before, posing a risk of missing the break-through technologies of tomorrow. The International Energy Agency has recommended the tripling of current public research and development spending on clean-energy innovation.

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