Africa > Net zero transition cheaper for consumers than status quo, IEA report finds

Net zero transition cheaper for consumers than status quo, IEA report finds

Published 14:02 on May 30, 2024  /  Last updated at 14:03 on May 30, 2024  / Frédéric Simon /  Africa, Americas, Asia Pacific, EMEA, International

While clean technologies like electric vehicles and heat pumps may require higher upfront funding than fossil fuels, their low running costs make them a cheaper option for consumers in the long term, making the green transition fairer than the status quo, the International Energy Agency (IEA) said in a new report.
While clean technologies like electric vehicles and heat pumps may require higher upfront funding than fossil fuels, their low running costs make them a cheaper option for consumers in the long term, making the green transition fairer than the status quo, the International Energy Agency (IEA) said in a new report.


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