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Uruguay transitioned to 98% renewable energy in 10 years without loans from World Bank, IMF or massive spending of their national budget. The country is now near net-zero.
They accelerated the transition through “feed-in tariffs.” (See article below)
Now can we do this everywhere?
kleinmanenergy.upenn.edu/comme…
Learning From Uruguay’s Energy Transition - Kleinman Center for Energy Policy
Energy policy research from the University of PennsylvaniaKleinman Center for Energy Policy