New Study Claims Europe Could Wean Itself Off Fossil Fuels With $2.1 Trillion ...Middle East

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New Study Claims Europe Could Wean Itself Off Fossil Fuels With $2.1 Trillion
A study commissioned by a low-carbon investment company has claimed Europe can wean itself off oil, gas, and coal and go full wind and solar for a total price of some $2.1 trillion, equal to 2 trillion euros. According to the authors, led by the Potsdam Institute for Climate Research in Germany, the annual investment would come in at some 140 billion euros between now and 2030, and 100 billion euros after 2030. The company that commissioned the study is Aquila Capital, which, according to its website, is “an investment and asset development…

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