While the race to construct renewable-energy systems is raging, many fear widespread system production will cause materials scarcity. Companies need to consider the short and long-term ramifications of resource consumption, should these projects have viability.
Per the Paris Agreement, the EU has agreed to ambitious, medium-to-long term climate action. By 2030, the Union has pledged to cut greenhouse gas emissions by 40% compared to 1990. 32% of all energy consumption will stem from renewable energy. Many more sweeping changes will occur by 2050. The EU plans to reduce emissions by 80-95% via coordinated member efforts, compared to 1990. Naturally, those goals raise immediate questions as to how the EU will get there.
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