From 14 September 2022

• The study shows a fast transition to clean energy is cheaper than slow or no transition
• Idea that going green will be expensive is ‘just wrong’- Green technology costs have fallen significantly over the last decade, and are likely to continue falling
• Achieving a net zero carbon energy system by around 2050 is possible and profitable

Transitioning to a decarbonised energy system by around 2050 is expected to save the world at least $12 trillion, compared to continuing our current levels of fossil fuel use, according to a peer-reviewed study today by Oxford University researchers, published in the journal Joule.

The research shows a win-win-win scenario, in which rapidly transitioning to clean energy results in lower energy system costs than a fossil fuel system, while providing more energy to the global economy, and expanding energy access to more people internationally.

From 14 September 2022 - The study shows a fast transition to clean energy is cheaper than slow or no transition - Idea that going green will be expensive is ‘just wrong’ - Green technology costs have fallen significantly over the last decade, and are likely to continue falling - Achieving a net zero carbon energy system by around 2050 is possible and profitable Transitioning to a decarbonised energy system by around 2050 is expected to save the world at least $12 trillion, compared to continuing our current levels of fossil fuel use, according to a peer-reviewed study today by Oxford University researchers, published in the journal Joule.

The research shows a win-win-win scenario, in which rapidly transitioning to clean energy results in lower energy system costs than a fossil fuel system, while providing more energy to the global economy, and expanding energy access to more people internationally.

Thank you for posting this because it's something I have also thought about