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$515 billion to shift entire world to renewables? That's got to be off by 2 orders of magnitude.
by reitzensteinm 17y ago
$515 billion to shift entire world to renewables? That's got to be off by 2 orders of magnitude.
- eru 17y agoIn which direction?
- reitzensteinm 17y agoUpwards - It would probably take more than $1 per person! I'm assuming the number was originally a guess at the money that would have to be poured into research to achieve RE < C, because less than $100 per person for a total switch to renewables is clearly wrong. That's a bit too handwavey to be included amongst other hard figures on a graph like this though.
- eru 17y agoYes, it's a bit hand-wavy. Though after RE<C the transition is essentially self-funding.
- radu_floricica 17y agoCame here to say the same thing. It's not even certain it's feasible, let alone put a price tag on it.