-——The USD 44 trillion additional investment needed to decarbonise the energy system in line with the 2DS [2C scenario] by 2050 is more than offset by over USD 115 trillion in fuel savings – resulting in net savings of USD 71 trillion,” its says.-——
I don’t believe that nonsense for a second....
How can we save 115 trillion dollars when renewables will cost triple what we pay now....
Also they write “trillions” like it’s a buck 50 in pocket change....
Add to that the fact that ‘renewable energy’ still and cannot in the foreseeable future produce grid energy without fossil fuel backup.
Pretty soon, at the rate they’re going, a trillion will be about a buck fifty.