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If you visit the German study cited you will see that only a third of those transition costs are for electricity generation and transmission networks. The remai
by oezi 1y ago
If you visit the German study cited you will see that only a third of those transition costs are for electricity generation and transmission networks. The remainder is spent on climate change adaptations of housing, transport and industry.
I personally believe the transition to electric vehicles will soon reach a tipping point due to reduced battery prices and won't add much cost. Costly building upgrades (insulation and heat pumps will be delayed), but renewable installation will continue strongly. It is just to cheap not to do it.