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Low carbon energy transition could save trillions

2014-10-10 13:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Transitioning to a low carbon energy system could not only prevent the most devastating impacts of climate change, but could free up trillions of dollars over the next 20 years, according to new research. Two reports released by the Climate Policy Initiative (CPI) have revealed that a greener global economy would save $1.8 trillion (1.1tn) between 2015 and 2035 money that could then be invested elsewhere. This is because the operational costs involved in the extraction and transportation...

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