Phasing out coal-fired power could ultimately pay for itself – BdF paper
Authors say gains from lower operating and finance costs could compensate for outlay costs
A full transition away from coal-fired power plants to low-carbon alternatives could ultimately pay for itself, suggests a working paper from the Banque de France (BdF).
High voltage: financing the path to zero coal examines how much a transition – with the aim of keeping global warming below 1.5°C by 2040 – might cost.
The authors – Camille Macaire and Fabio Grieco from the BdF, Ulrich Volz of the University of London’s School of Oriental and African Studies, and Alain Naef of Essec Business
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