THE COALITION BELIEVES PURSUING NET ZERO WILL INCREASE POWER BILLS – BUT THE IEA TELLS US THE OPPOSITE IS TRUE
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✍️ The International Energy Agency's report suggests that a more ambitious clean energy transition can lead to lower household power bills, contradicting the conservative argument that it will increase energy costs.
👉 The IEA's report suggests that a more ambitious clean energy transition can lead to lower household power bills. 👉 The report presents three scenarios, including a 'net zero emissions by 2050 scenario' that describes a pathway to reducing global energy-related emissions to net zero by mid-century. 👉 Under the 'net zero emissions by 2050 scenario', total energy bills in advanced countries would be about 75% cheaper by the middle of the century compared to the current policies scenario.
-- #AlexHawke #PatrickCommins #AdamMorton #Paris #environment
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