Global low-carbon energy system transition could save trillions.

The article focuses on two reports released by the U.S. Climate Policy Initiative (CPI) conducted for the Global Commission on the Economy and Climate which shows that a low-carbon energy system can help reduce trillions of dollars that could be used in better economic growth. The report compares the costs of low-carbon electricity with the current system, compares risk of losses in the financial value of existing fossil fuel assets and states that governments faces stranding risk.