Countdown to 2037 : Towards Global Catastrophe

Switching The World To Renewable Energy Will Cost $62 Trillion But The Payback Would Take Just 6 Years however lets see where we end up by Countdown to 2037The world spends ~$11 trillion/yr today on all energy (electricity transport buildings industry agriculture/forestry/fishing military). That will rise to $17.8 trillion/yr in 2050. Transition to WWS will drop that to $6.6 trillion/yr ($11.2 trillion/yr savings) due largely to a 56.4% reduction in energy needs for 5 reasons (efficiency of EVs efficiency of heat pumps eliminating energy to mine fossils+uranium efficiency of electric industry and end-use efficiency improvements beyond BAU) $61.5 trillion capital cost / $11.2 trillion/yr savings = 5.5 year payback time for energy.Social cost saving is $76.6 trillion year ($83.2 trillion/yr - $6.6 trillion/yr). Social cost payback time is less than 1 year.