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Are Renewable Energy Sources Approaching a Tipping Point?

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Are Renewable Energy Sources Approaching a Tipping Point?

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The article discusses the “REN21 Renewables 2007 Global Status Report” released by the Worldwatch Institute and the Renewable Energy Policy Network for the 21st Century (REN21). According to the report on the current status of renewable energy, the economic gap between renewables and fossil fuels is closing quickly. Growth in wind capacity continues to be strong. Biofuels production was up about 18 percent in 2006, with similar growth in 2007. Renewable power capacity, excluding large hydropower, represents almost 5 percent of total global power capacity.

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