Photo Credit:Fair Use [17 U.S.C. § 107]

What's the Real Price Tag of Renewable Energy for the Planet?

11 Sep 2022 | Abstracted from Adventure

"A new Stanford study calculated the cost of global renewable energy would be $62 trillion...after crunching the numbers, estimates show that countries would make the money back in cost-savings in a relatively short period of time: Between one to five years.

"new renewables installed in 2021 - two-thirds of which generated the same amount of energy for less than the cheapest coal power - saved an estimated cumulative $55 billion this year."

ADDITIONAL RELATED NEWS LINKS

• The Truth About Biofuels - Are They Really a Sustainable Energy Source?


• What Would Happen If Clean Energy Tax Credits Were Repealed?


• More Clouds Gather Over Britain's Renewable Energy Trusts – Is There Any Hope For The Sector?


• How China Is Turning Climate Action Into Economic Strategy


• Letting EVs Take A Load Off The Grid Could Result In 'Negative Emissions' While Saving Drivers Money


• Let the Market Lead? Only If It Can See the Horizon


• Morocco To Send Solar Power To Germany Via 4800 Km Undersea Cable


• The US Commercial Rooftop Solar Market Is About To Explode, Federal Tax Credits Or Not


• A Powerful Essay On Renewable Energy Reminds Us How Witheringly Stupid The US Has Become


• Does America's Current Interior Secretary Know What a Battery Is?