Part 8/12:
A pressing point is the cost of delaying action. Maintaining the current fossil fuel-dominated system is not only environmentally detrimental but also economically more expensive in the long run. The transition, though initially costly, offers significant financial benefits, including lower consumer energy prices and new economic opportunities.
"The cost of inaction will be much higher," the expert warns, citing the escalating damages from climate change—floods, droughts, and other extreme weather events—as costs that will far exceed investments in renewables.