News
What If the Clean Energy Transition Costs Much Less Than We’ve Been Told?
Talk about astronomical costs of a sustainable economy is leaving out some of the savings of using fewer fossil fuels, according to a new analysis.
By Dan Gearino
The global transition to clean energy has a cost, but it may be a lot lower than the figures that sometimes get thrown around. The differences are large, amounting to trillions and even tens of trillions of dollars.
Related Knowledge Center: Climate diplomacy: COP 27
State of Play
The 27th Conference of the Parties (COP 27) produced a groundbreaking agreement to create a “loss and damage” fund to help developing nations cope with the impact of climate change.
But the conference, held from Nov. 6 to Nov. 20, 2022, in Sharm el-Sheik, Egypt, fell short of a hoped-for agreement to speed reductions of greenhouse gas emissions.