Decarbonising the energy system by 2050 could save trillions

#renewableenergy #netzero #climateaction #energycrisis
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 by Oxford University researchers, published in the journal Joule today. The shows a realistic possible future for a fossil-free energy system, providing 55% more energy services globally than today by ramping up solar, wind, batteries, electric vehicles, and clean fuels such as green hydrogen.
Read our article with links to the full paper:
www.oxfordmartin.ox.ac.uk/new...
Oxford Martin School,
University of Oxford
www.oxfordmartin.ox.ac.uk

[@bettyswallocks6411]

Sadly, a lot of very influential people don’t like the idea of energy prices being either low or stable, because either would severely limit their opportunities to make money.

[@appleroad112]

Same with restoring the Thames. It's affordable but companies won't make money, straight up corruption and greed.

[@billolivier5579]

A link to re-view this with others AND SOME LINKS TO REFERENCES (ACCIDENTAL CAPS !-)

[@billolivier5579]

- copyable link

[@dariuszgalczak3992]

"Even if we didn't have climate change even if that weren't a problem we should be aggressively going after making the green energy transition why because it's cheaper." 😀