Cyprus ‘sits on an RES gold mine’
If there’s one thing Cyprus has plenty of, it’s sunshine. According to clean energy expert and futurist Ramez Naam, that makes the island perfectly placed to thrive in the global shift to clean energy, as long as it invests in the right tech.
Speaking at the Green Agenda Cyprus Summit at the Hilton Hotel in Nicosia on Monday, Naam delivered a powerful and hopeful message: The fight against climate change isn’t just about cutting back. It’s about leaning in, especially to the technologies that are already changing the world. At the top of that list is solar power and Cyprus is a gold mine.
“Clean energy isn’t a resource, it’s a technology,” he told the crowd. “And technology gets cheaper as we scale it up.” Fossil fuels, Naam explained, become more expensive and harder to extract over time. But solar, wind, batteries, and electric vehicles? They get cheaper the more we invest in them.
Just 20 years ago, solar power cost over $100 per watt. Today, it’s less than 10 cents. That’s a staggering drop, and it’s only going to continue as countries pour more money into clean energy. In 2004, the world spent $33 billion on clean energy. Last year, it was over $2 trillion.
