RE: https://mastodon.social/@rubenbolling/115691564369915601
By shifting to 98% renewable energy "The total cost of electricity production [in Uruguay] decreased by roughly half ... About 50,000 new jobs were created in construction, engineering, and operations, roughly 3% of the labor force … Its economy has been growing at 6% to 8% annually, and its poverty rate has fallen from 30% to 8%."
@bodhipaksa
Great story! Thanks so much for sharing. 😁Telling precursor: “One of the most important factors in Galain's success was that his strategy was backed by the entire Uruguayan political system, which meant it would not be disrupted by changing administration. With this buy-in, he was able to modify the country's entire energy system: infrastructure, regulations, and market design.” 🤔
I love it that he now runs a non-profit & hopes to share the success in another 50 countries. 😁
[Repeating my comment from another boosting of this great story - because I think it’s so importance that political stability assisted, allowed, enabled &/or was a major contributor to this infrastructure development.]
Bodhipaksa
Su_G