S5 Ep51: The great carbon arbitrage

VoxTalks Economics - A podcast by VoxTalks - Fridays

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What is the net benefit of phasing out coal and replacing it with renewables? $85 trillion, according to a new calculation. Alissa Kleinnijenhuis and Patrick Bolton tell Tim Phillips how they estimated this extraordinary number, how the benefit can be realised – and whether the negotiations at COP27 will get us there.