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Renewables Key to Economic Growth

Green energy helps boost global gross domestic product growth by 1%, employing close to 29 million people and generating a 15% increase in welfare, mainly through health benefits from reduced air pollution
Renewables Key to Economic Growth
Renewables Key to Economic Growth

Electricity generation from fossil fuels is neither financially viable nor environmentally sustainable, compared to renewable resources that contribute to sustainable economic growth, the head of the Energy Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
“Generating each kilowatt of electricity in thermal power plants costs 20 cents while the production of the same amount of green power costs less than 10 cents, showing that clean energy is a game-changer and key to developing power sector,” Arash Najafi was also quoted as saying by IRNA.
The generation of electricity by thermal power stations needs fuel as feedstock and water for cooling purposes and also pollute the environment, whereas renewables, being eco-friendly, require neither fuel nor water, nor do they emit greenhouse gas.

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