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    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Terrorists attack presidential guards in Abuja after threat to abduct Buhari

    FG Confirms U.S.-Backed Airstrikes on Terrorists Targets in Sokoto State

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

    NMDPRA CEO Farouk Ahmed resigns amid corruption allegations

    NMDPRA CEO Farouk Ahmed resigns amid corruption allegations

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    FPEDL Schedules Brief Power Outage in Anambra for Transformer Upgrade on December 7

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    Federal High Court fixes December 8 to hear Nnamdi Kanu’s transfer request from Sokoto prison

    Senate Confirms Retired Chief of Defence Staff as Defence Minister

    Senate Confirms Retired Chief of Defence Staff as Defence Minister

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    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Dangote Refinery will supply first product to market by July – Dangote

    Why Made in Nigeria Cement Is Cheaper Abroad – Dangote

    Dangote refinery set to import Crude oil from Brazil

    Dangote Refinery Cuts Petrol Price to ₦699 per Litre

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    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

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    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

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    ARADEL Holdings increases stake in ND Western to 81.67%

    Sunny Anene raises his stake in United Capital Plc

    JUST IN: Femi Otedola Exits Geregu Power in $750 Million Deal

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    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

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    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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Global transition to Clean Energy Sources – Part 1

Impact on the Environment

Monday, 20 April 2020, 6:35 am
in Business, Columnists, Opinion & Analysis, Technology
0
Global transition to Clean Energy Sources – Part 1
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Renewable energy is in no doubt critical to the implementation of the Sustainable Development Goals (SDG) and the global fight against climate change. Most car manufacturing brands are keying in to the global call for the reduction of carbon and green house gas emission through the production of electric cars that would reduce or eventually phase out the use of fossil fuel powered vehicles. The world is shifting gradually to renewable energy, as most countries in Europe plan to phase out fuel driven cars for electric cars by 2025. As part of the process for a sustainable energy future, Tesla has announced that it would donate 50 electric vehicle charging stations across Canada.

Most international oil companies are investing heavily in the Research & Development of renewable energy technologies as part of the process of realizing the sustainable development Goals of climate action, and clean affordable energy by 2030 as stipulated by the United Nations. As the world raises awareness on the impact of climate change, renewable energy, conservation and sustainable practices are integral to environmental stewardship and the global fight against climate change. According to Pope John Paul II “The earth would not continue to offer its harvest, except with faithful stewardship. We cannot say we love the land and then take steps to destroy it for use by future generations”.

The investment and exploitation of renewable energy like solar, wind and other sources remain critical to the global transition towards a clean, green, and sustainable alternatives that would replace the use of fossil as a sustainable energy of the future. In Africa, green and renewable energy are central in tackling energy poverty and climate change for rural communities, corporations, and small businesses across the continent. Multilateral organisation, such as The EU is currently in partnership with Nigeria, to raise awareness on the importance of renewable energy, in implementing the SDGs in Nigeria. EU is in the front line of efforts to champion the adoption of renewable energy in Nigeria, as a major source of energy for power production from the national grid. As part of their renewable energy initiative, EU partnered with UNICEF to provide a solar powered water, sanitation, and hygiene (WASH) facility, in Riyom Local Government Area of Plateau State. This Facility According to the EU provides 4,500 inhabitants in the town access to clean drinking water, better sanitation, and hygiene.

It is well known that one of the factors affecting the ease and smooth running of businesses in Nigeria stems from the unreliable power supply from our distribution companies. However, the provision of access to renewable energy will help maximize profit and reduce the cost of running businesses in Nigeria. The adoption of renewable energy into the mainstream energy production remains the gate way and the future in achieving a sustainable energy future as the saying goes “the future belongs to those who prepare for it today”. In a nutshell, all hands must be on deck if we are to achieve the future we so desire.

Written by

Ojo writes (creative writer @inspire_mention – Instagram Twitter )

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