15.11.2011 - Global renewable energy share in 2035: 18%
The renewable energy share of the global energy mix could rise from 13% in 2010 to 18% in 2035, according to the International Energy Agency's (IEA) 2011 World Energy Outlook. The rise in renewable energy would be underpinned by subsidies rising from US$64 billion in 2010 to US$250bn in 2035, in the New Policies Scenario. In comparison, the fossil fuel subsidies in 2010 amounted to US$409bn.............................................Full Article: Source
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