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Posted Thu May 15 2014: from IEA, via Grist:
End fossil fuel burning, save $71 trillion -- and preserve civilization as we know it
First, here's what might seem to be bad news from the new report: It would cost the world $44 trillion to end our fossil fuel addiction by 2050 and switch to clean energy. Worse, this figure is $8 trillion higher than the IEA's last estimate, published two years ago. Expected costs have risen because we've delayed the process of switching over to climate-friendly energy sources. And now the good news: We can save $115 trillion in fuel costs by 2050 if we move away from dirty energy, making for net savings of $71 trillion.
[Read more stories about: coal issues, oil issues, climate impacts, sustainability]

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'Doc Jim says:
But that would disrupt the existing suicidal economic paradigm of growth at all costs!

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