Transitioning Australia to 100% renewable energy by 2050 would cost less than continuing on the current path, according to a new report…Building the infrastructure to supply renewable energy for all electricity, transport and industry would cost about $800bn between now and 2050, the report from the institute for sustainable futures at the University of Technology Sydney, found…That’s about $650bn more than continuing with the status quo. But by removing the need for fossil fuels such as coal, gas and oil, it would save the economy up to $740bn, saving $90bn over the period to 2050, the report found.

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