Switching the world to renewable energy would cost $62 trillion, but the payback would take six years
8 Sep 2022

Researchers at Stanford University have published a new study which says that claims 145 of the world’s nations could switch to 100% renewable energy in a few years using renewable energy technologies available today.
The researchers looked at onshore and offshore wind energy, solar power, solar heat, geothermal electricity and heat, hydroelectricity, and small amounts of tidal and wave electricity. In switching to a clean, renewable energy system, Jacobson states that worldwide energy usage would go down by 56% immediately.
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