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Global Warming | Facts in Numbers

By Viola Woolcott

It’s 2008. The global warming threats appear to become larger and larger and I think that by now we are ALL aware that it is the most serious environmental threat of our time.

And for sure, the below facts show, affordable options are available. It is obvious that America can’t afford to fall behind any more in the race to invent clean, renewable energy sources.

Facts and figures of our annual list of global warming show how global warming action could unleash a clean energy revolution and strengthen our economy this year.

45%
Increase in world’s solar generating capacity in 2005

2
Rank of China as global producer of solar cells, behind Japan (U.S. ranks 4th)

$1.5 billion
Amount US government spends a year on renewable energy research

$1 billion
Amount ExxonMobil earns in a day

$2 billion
Amount GE Energy Financial Services invested in wind, solar, biomass and geothermal energy in 2007

$200 billion
Amount China has committed to invest in renewable energy sources over the next 15 years

0.74%
Projected cost of smart cap-and-trade climate policy on US economic output in 2030

100%
Projected growth of the US economy by 2030

53
Number of senators supporting cap and trade legislation

0
Number of bills passed by Congress to cap and reduce America’s global warming pollution.

Sources: World Watch Institute, Earth Policy Institute, Department of Energy, CNN, GE Energy Financial Services, Reuters, Upcoming Report: Climate Policy and the U.S. Economy. Environmental Defense, 2008

Filed under: Environment | Green Issues on January 24th, 2008