{"id":89468,"date":"2019-04-12T10:44:20","date_gmt":"2019-04-12T17:44:20","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2019\/04\/global-economy-would-save-up-to-160-trillion"},"modified":"2019-04-12T10:44:20","modified_gmt":"2019-04-12T17:44:20","slug":"global-economy-would-save-up-to-160-trillion","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2019\/04\/global-economy-would-save-up-to-160-trillion","title":{"rendered":"Global economy would save up to $160 trillion"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/global-economy-would-save-up-to-160-trillion.jpg\"><\/a><\/p>\n<p>In fact, according to IRENA\u2019s <a href=\"https:\/\/www.irena.org\/publications\/2019\/Apr\/Global-energy-transformation-A-roadmap-to-2050-2019Edition\" target=\"_blank\" rel=\"noopener noreferrer\">new report<\/a>, the most cost-effective strategy to achieve a \u201cclimate-safe future\u201d \u2014 keeping global warming below 2 degrees Celsius (3.6 degrees Fahrenheit) \u2014 is an accelerated energy transition to renewables and energy efficiency coupled with electrification of key sectors like transportation.<\/p>\n<p>This Renewable Energy Roadmap (REmap) scenario \u201cwould also save the global economy up to USD 160 trillion cumulatively over the next 30 years in avoided health costs, energy subsidies and climate damages.\u201d<\/p>\n<p>At the same time, IRENA reports, \u201cevery dollar spent on energy transition would pay off up to seven times.\u201d<\/p>\n<p><a href=\"https:\/\/thinkprogress.org\/renewable-energy-electric-vehicles-climate-cost-4eb542fa68fe\/\" target=\"_blank\" rel=\"noopener noreferrer\"><\/p>\n<div style=\"clear:both;\">Read more<\/div>\n<p><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In fact, according to IRENA\u2019s new report, the most cost-effective strategy to achieve a \u201cclimate-safe future\u201d \u2014 keeping global warming below 2 degrees Celsius (3.6 degrees Fahrenheit) \u2014 is an accelerated energy transition to renewables and energy efficiency coupled with electrification of key sectors like transportation. This Renewable Energy Roadmap (REmap) scenario \u201cwould also save [\u2026]<\/p>\n","protected":false},"author":513,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[493,39,1495,17],"tags":[],"class_list":["post-89468","post","type-post","status-publish","format-standard","hentry","category-climatology","category-economics","category-health","category-sustainability"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/89468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/513"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=89468"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/89468\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=89468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=89468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=89468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}