Study Finds That Eliminating Use of Coal Would Yield Social Benefits
Jun 9, 2022
New research has found that phasing out the use of coal through the use of renewable energy would be good for the society. The study, which was carried out by researchers at the Imperial College School of Business, stated that the transition to green energy from coal would result in about $77.9 trillion in benefits for the society. These benefits include decreased harm to people’s health and individuals dealing with less fallout from climate change.
The investigators calculated the social benefit from phasing out coal and the cost of replacing coal with green energies to determine an approximation of…
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