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Brussels, 12 November 2008. In its World Energy Oulook 2008 published today, the International Energy Agency warns of the dire global consequences of an inadequate response to the climate crisis, and calls for a radical retooling of the global energy system. The report recognises that renewables are key for this revolution, with wind power playing a leading role.

Beijing, 31 October 2008. Wind energy could be supplying 12% of the world’s electricity needs and saving 1.5 billion tonnes of CO2 a year by 2020 according to a coalition of wind energy companies, associations and NGO’s determined to find practical solutions to climate change.

With plans to launch a Wind Power Works campaign at the COP 14 climate meeting in December, the coalition will promote bold emissions targets and a rapid deployment of wind energy around the world in a bid to achieve the IPCC target of a decline in emissions by 2020.

Wind power is key technology to prevent dangerous climate change.

Wind power could produce 12% of the world’s energy needs and save 10 billion tones of CO2 within 12 years, according to a new report published today.

The ‘Global Wind Energy Outlook 2008’, published by the Global Wind Energy Council (GWEC) and Greenpeace International, looks at the global potential of wind power up to 2050 and found that it could play a key part in achieving a decline in emissions by 2020, which the IPCC indicates is necessary to avoid the worst consequences of climate change. By 2020, wind power could save as much as 1.5 billion tonnes of CO2 every year, which would add up to over 10 billion tonnes in this timeframe. The report also explains how wind energy can provide up to 30% of the world’s electricity

After more than a year of debate, both chambers of the U.S. Congress approved a bill to extend the renewable energy production tax credit (PTC) through December 31, 2009. President Bush swiftly signed the “financial bailout” bill, to which the PTC extension was attached, after the House passed it today.

Randall Swisher, Executive Director of the American Wind Energy Association, issued the following statement upon Senate passage of the financial rescue package, which includes a one-year extension of tax credits for wind and other renewable energy sources.