{"id":4137,"date":"2014-10-30T20:48:02","date_gmt":"2014-10-30T11:18:02","guid":{"rendered":"http:\/\/www.solarquotes.com.au\/blog\/?p=4137"},"modified":"2018-05-09T11:07:39","modified_gmt":"2018-05-09T00:37:39","slug":"poor-nations-beating-rich-nations-alternative-energy-race","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/poor-nations-beating-rich-nations-alternative-energy-race\/","title":{"rendered":"Poor Nations Beating Rich Nations in Alternative Energy Race"},"content":{"rendered":"<p>A\u00a0recent study of 55 nations, found\u00a0that wealthy, developed countries have developed an 84% growth rate in using renewable energy sources from 2008 to 2013. Sounds good, right? On paper it sounds nice. Until you see that much poorer nations have experienced a 143% growth in the same time period!<\/p>\n<p>Why is it that poorer nations are moving faster toward greener energy? Well, it\u2019s economics. While the nations themselves are poor, investing in renewable energy is providing much cheaper power than\u00a0their fossil fuel counterparts. Meanwhile, wealthier nations can afford to keep using fossil fuels,\u00a0so there is less motivation to use more renewable sources. With that said, it shouldn\u2019t be long before other energy sources are\u00a0depleted and wealthier nations move forward as their poorer counterparts have done.<\/p>\n<p>Read the\u00a0full article about this study here:: <a title=\"poor nations go for solar wind at twice the pace of rich ones\" href=\"http:\/\/www.renewableenergyworld.com\/rea\/news\/article\/2014\/10\/poor-nations-go-for-solar-wind-at-twice-the-pace-of-rich-ones\" target=\"_blank\">Poor Nations Go for Solar, Wind at Twice the Pace of Rich Ones<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Poor nations have nearly double the growth rate of solar energy than richer counterparts. Why is that so? Due to economic circumstances, the wealth can afford to wait.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[56,495],"tags":[129,397],"class_list":["post-4137","post","type-post","status-publish","format-standard","hentry","category-economics","category-quick-reads","tag-cheap-solar","tag-politics","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Poor Nations Beating Rich Nations in Alternative Energy Race<\/title>\n<meta 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Its habitable areas consist of four reef islands and five coral\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar energy in Tuvalu","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/11\/tuvalu-solar-energy.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/11\/tuvalu-solar-energy.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/11\/tuvalu-solar-energy.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/11\/tuvalu-solar-energy.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/11\/tuvalu-solar-energy.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":64032,"url":"https:\/\/www.solarquotes.com.au\/blog\/westpac-renewable-energy-mb2576\/","url_meta":{"origin":4137,"position":5},"title":"Westpac Closing In On Renewable Energy Target","author":"Michael Bloch","date":"August 2, 2022","format":false,"excerpt":"Westpac last week announced new agreements that will see it provided with more clean electricity - from a wind farm in Victoria and a solar farm in South Australia. 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