Green Energy

Green Energy

Green energy is renewable energy that is derived from natural resources such as sunlight, wind, rain, tides, and geothermal heat. It is considered to be one of the most important sources of renewable energy, as it is clean, abundant, and renewable. It is also a key component of sustainable development, as it can reduce the dependence on traditional sources of energy such as coal and oil.

What is the difference between renewable energy and green energy?

Renewable energy is derived from sources that are continually and naturally renewed, such as wind, solar and geothermal power. Renewable energy is frequently referred to as sustainable energy.

Unlike renewable energy sources are fossil fuels, like coal and gas, which have a finite energy source. In addition, the combustion of fossil fuels for energy release is a cause of climate change.

The terms “green energy” and “renewable energy” are frequently used interchangeably, but there is an essential and occasionally confusing distinction between the two. While the majority of renewable energy sources are also considered to be green, not all renewable energy sources are considered to be entirely green.

Consider, for instance, hydropower. While hydropower – energy generated from swiftly flowing water – is a renewable source of energy, some argue that the process of generating vast amounts of power from water is not actually environmentally friendly due to the industrialization and deforestation involved in the construction of large hydro dams.

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The Global Impact Investing Network (GIIN)

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Back in February 2022, EU lawmakers voted to allow Natural Gas to be labeled as a ‘green’ investment, assuming such gas projects replace coal and have plans to switch to renewables or "low carbon gasses" by 2035. On July 5th, that vote was made final. We take a closer look at this controversial decision.