The historic Paris Agreement on climate change sets the course for a fundamental transformation of the global economy over the next decades.
The Agreement’s overarching goal of limiting global average temperature rise to “well below 2°C” will entail profound changes in the global energy system.
A green revolution will ensure winners and losers. The coffers of the oil-producing countries will become discharged and that leads to riots and instability.
Germany and Denmark are Europe’s big winners in this green revolution. Why?
Since 20 years, they closed all the nuclear power and coal plants
Roofs without solar panels are a rarity
Windmills seems to be the new high voltage towers: ugly but indispensable
Efficient appliances and lighting hardly costs for electricity are very low
Heating the house becomes from the heat of the earth
Electricity excess is stored in batteries with ammonia, as big as garage
