The entire world will soon depend on renewable energy so governments ought to start subsidizing these industries immediately. So said the United Nations Intergovernmental Panel on Climate Change (IPCC) in a report released Tuesday. The study's conclusion was such a blockbuster that the panel issued a press release last month previewing the finding. "Close to 80 percent of the world's energy supply could be met by renewables by mid-century if backed by the right enabling public policies a new report shows," it proclaimed.
