"Switching To Renewable Energy Could Save Trillions - Study"

"Switching from fossil fuels to renewable energy could save the world as much as $12tn (£10.2tn) by 2050, an Oxford University study says.

The report said it was wrong and pessimistic to claim that moving quickly towards cleaner energy sources was expensive.

Gas prices have soared on mounting concerns over energy supplies.

But the researchers say that going green now makes economic sense because of the falling cost of renewables.

"Even if you're a climate denier, you should be on board with what we're advocating," Prof Doyne Farmer from the Institute for New Economic Thinking at the Oxford Martin School told BBC News."

Jonah Fisher reports for BBC News September 13, 2022.