“Thisstudy, first published on journal Joule on 13thSeptember this year, used a probabilistic modelling technique which predicts how the cost of renewable energy technologies will decrease over time, using the evolution in cost of over 50 other technologies to test the model. This estimate predicts trillions in savings, without accounting for the savings from avoiding further climate disasters.”
[COMMENTARY]Many assumptions are made in this study that may or may not happen. One assumption seems to be that sufficient metals and minerals will be readily available. See my comment below under “What does ESG mean for the mining industry?”
Switching to renewable energy could save trillions, new study finds by Emily Hudson, October 5, 2022, The Oxford Student, UK.