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An Energy Revolution is Possible: Tax Havens and Financing Climate Change (Record no. 793)

000 -LEADER
fixed length control field 01916nam a22001337a 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Hearps, P. and Cossar-Gilbert, S.
245 ## - TITLE STATEMENT
Title An Energy Revolution is Possible: Tax Havens and Financing Climate Change
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Netherlands
Name of publisher Friends of the Earth International
Year of publication 2016
300 ## - PHYSICAL DESCRIPTION
Number of Pages 19p.
520 ## - SUMMARY, ETC.
Summary, etc The aim of this analysis is purely to calculate an investment cost of providing several regions of the developing world with 100% renewable electricity, and to compare those amounts with government revenue lost through tax havens globally, in order to highlight the need for economic and climate justice. All values are in 2014 US dollars unless otherwise specified. It is important to note that the investment cost, representing the additional investment in renewables over and above what will occur anyway, does not represent the economic cost to society. Investments in power generation are paid back over time through sales of electricity. Friends of the Earth International believe that access to energy is a basic human right and a necessary condition of a dignified life. Greenpeace’s Energy Revolution 2015 has analysed in detail the entire costs of continuing to rely on fossil fuel energy up to 2050, compared to switching to 100 renewables. They have found that overall, the cost to society of the 100% renewables option is cheaper than continued fossil fuel dependence. Renewable power may be more capital-intensive than fossil fuel power, but fossil fuels have ongoing fuel costs, so the savings in avoided fuel costs pay off the higher upfront investment in renewables. We have calculated for 100% renewable energy (electricity generation) by 2030 to demonstrate that an energy revolution to tackle climate change is achievable and the financial means exist.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Tax Havens
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier iffoadatabase.trustafrica.org/iff/foe-energy-revolution-full-reportNEWdraft2.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Computer Files

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