
How replacing coal with renewable energy could pay for itself
The world may gain an estimated $78 trillion over coming decades by making this energy transition.
Patrick Bolton is the Barbara and David Zalaznick Professor of Business at Columbia University. He is a Co-Director of the Center for Contracts and Economic Organization at the Columbia Law School, a past President of the American Finance Association, a Fellow of the Econometric Society (elected 1993), the American Academy of Arts and Sciences (elected 2009), and a Corresponding Fellow of the British Academy (elected 2013).
The world may gain an estimated $78 trillion over coming decades by making this energy transition.
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