Quote “”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.“”
Quote: “”Professor Farmer adds, “The world is facing a simultaneous inflation crisis, national security crisis, and climate crisis, all caused by our dependence on high cost, insecure, polluting, fossil fuels with volatile prices. This study shows that ambitious policies to dramatically accelerate the transition to a clean energy future as quickly as possible are not only urgently needed for climate reasons, but can save the world trillions in future energy costs, giving us a cleaner, cheaper, more energy secure future.” “”
https://www.inet.ox.ac.uk/news/decarbonising-the-energy-system-by-2050-could-save-trillions/