Page "Renewable energy" Paragraph 6

Climate change concerns, coupled with high oil prices, peak oil, and increasing government support, are driving increasing renewable energy legislation, incentives and commercialization.

New government spending, regulation and policies helped the industry weather the global financial crisis better than many other sectors.

According to a 2011 projection by the International Energy Agency, solar power generators may produce most of the world ’ s electricity within 50 years, dramatically reducing the emissions of greenhouse gases that harm the environment.