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Over the past decade , developing and emerging nations have made substantial progress in the realm of renewable energy and the trend is expected to continue
the Renewable Energy Generation Program , which set a target of eight percent renewable energy by 2016 . Brazil , which expects electricity consumption to increase by 52 percent through 2019 , has also set targets on specific renewables including hydro , biomass and wind .
Asian nations are also following suit . In the Philippines , which aims to increase its renewable energy capacity to 15,300 MW by 2030 , a National Renewable Energy Program has set specific targets for renewable energy and established dedicated investments totaling $ 27.6 billion by 2030 .
Other nations have instituted policies that limit or eliminate the use of fossil fuels and nuclear energy , including Denmark , who banned the use of fossil fuel-fired boilers in new buildings as of 2013 and aims for renewables to provide almost 40
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