Investing in sustainable transport infrastructure is something national and local leaders want as a way to cut climate-warming emissions – 23 percent of the global total – generated by the world’s transportation systems. But it has become a daunting prospect due to the public perception that it’s prohibitively expensive. New research that compares both high-carbon and low-carbon paths for transportation shows that public perception is mistaken: a low-carbon investment strategy is actually more affordable than the carbon-intensive way. The potential savings could be $300 billion each year and is within existing financial flows.
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