Tag: Energy sources

  • The low carbon path is cheaper in the long run Report “Energy Darwinism II” shows why

    A recent report published by Citigroup US examines the likely costs of different energy sources. Findings in the report forecast that the funds to be spent on energy (both capital expenditure and fuel) over the next quarter century will be unimaginably large, at around US$200 trillion. The energy industry is faced with choices, and the report outlines two scenarios: 1) a business as usual or 'inaction' on climate change scenario, and 2) a different energy mix that offers a lower carbon alternative.
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