The UAE Expects to Save $192 Billion by Switching to Renewable Energy

The UAE Expects to Save $192 Billion by Switching to Renewable Energy

“The United Arab Emirates (UAE) has determined that trading natural gas for clean energy is best both for the environment and the budget. Forecasts show that switching half of the country’s power needs to renewables by 2050 will generate savings that outweigh the costs of investment. In fact, as the UAE invests $150 billion into renewable power between now and 2050, it will save $192 billion as it reduces its dependency on subsidized natural gas power…”

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https://futurism.com/the-uae-expects-to-save-192-billion-by-switching-to-renewable-energy/