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The economists calculated that for each dollar spent on green energy R&D, we could avoid about $11 of long-term climate change damages. This is a great deal. Moreover, besides helping to find a breakthrough green energy source, this R&D will likely generate many other innovations that can be useful for humanity, such as better batteries for cell phones and cheaper power for space exploration.
False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet
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