May 13, 2010 — The International Energy Agency says that the big ball of fire in the sky could supply power to 25% of the earth within 40 years.

At the Mediterranean Solar Plan Conference, the agency said that photovoltaics and concentrating solar power technologies could combine to generate 9,000 terawatt hours of energy by 2050, which would cut CO2 emissions by almost 6 billion metric tons.

Currently, photovoltaics and concentrating solar power are responsible for only 0.1% of the planet’s electricity.

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