After decades in which governments and industry groups have often assumed that the shift to renewable energy will be a financial burden, economists and analysts are increasingly making a case that the opposite is true: The transition will lead to cost-savings on a massive scale that will add to its momentum. A recent paper by University of Oxford economists and mathematicians finds that a rapid transition to renewable energy would lead to global savings of $26 trillion compared to the costs of maintaining the current energy mix. Another recent paper , published by the International Renewable Energy Agency, or IRENA, looks at previous technological revolutions to help understand the implications of rapid growth and falling costs of renewable energy. We deliver […]