Obama’s solar plans may not be enough to ensure our future

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President Obama has recently unveiled plans to further help the growth of solar power by funding the installation of solar panels in low-income communities. In fact, Bloomberg New Energy Finance estimates that $3.7 trillion will be spent on solar systems across the globe by 2040. Unfortunately, these efforts and others will likely not be enough to reduce greenhouse gas emissions to a level deemed appropriate by scientists. Coal continues to have a great grip on energy sourcing as does current fossil fuel plants and new ones being built in developing nations.
United Nations Scientists have said a 40%-70% reduction in gas emissions by 2050 will allow us to avoid climate disaster. The Bloomberg report predicts emissions to be 13% higher in 2040 than they are today. An urgent change to global policy needs to occur, and it needs to happen soon.

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See more at:
http://money.cnn.com/2015/06/23/technology/solar-power-market/index.html?iid=EL