Shift to low-carbon economy could free up $1.8 trillion
13 Oct 2014
By JOHN CUSHMAN.- Decarbonising the electricity system worldwide would save $1.8 trillion over the coming two decades by avoiding the high operating costs of using fossil fuels, a new study finds.
The study comes as governments, businesses and investors ponder a future in which the world moves away from fossil fuels to avert a climate crisis, the implications for the global economy are getting high-profile attention.
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Hipkins pans LNG plan as ‘massive step backwards’
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Ōmokoroa trial to test smarter power use
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Powerco and Energy Efficiency and Conservation Authority are launching a trial in Ōmokoroa, Bay of Plenty, to test how shifting electricity use away from peak times could ease pressure on the network and reduce costs.
