A new Oxford University study shows that a rapid transition to clean energy is cheaper than a slow one or no transition at all. Thus the study dispels old prejudices that the energy transition was too expensive to implement. Indeed, the alternative now costs much more.
A number with twelve zeros. Hard to imagine, but that's a trillion. The world would save as much as twelve trillion dollars in costs if the switch to a carbon-free energy system were pulled off by 2050. That's the conclusion of a new study by Oxford University researchers, based on today's levels of fossil fuel use as a benchmark.
At the same time, the study dispels an ...