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'Net-zero' is not affordable by the 6 billion living in poverty : Comments
By Ronald Stein and Nancy Pearlman, published 18/2/2026Shockingly, 80% of the 8 billion on planet Earth, or more than 6 billion, are living on less than $10/day.
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Net zero isn't a "first world project." China is the world's largest investor in renewables. India is scaling solar at record pace. Much of Africa is expanding off-grid solar because it's cheaper and faster than building coal infrastructure. That's not ideology. That's cost.
The claim that rich economies "can't afford" it ignores that renewables are now among the cheapest sources of new electricity generation in many markets. The economic risk isn't transitioning. It's locking into high-volatility fossil fuel systems, as Europe discovered after Russia's invasion of Ukraine.
As for the idea that we'll only decarbonise when some future miracle technology arrives, that's just delay posing as prudence. Energy transitions have always happened through a mix of innovation, market forces, and policy. Coal didn't replace wood by pure market magic. Oil didn't replace coal without infrastructure and state involvement.
If the argument is about sequencing and cost discipline, that's reasonable. If the argument is that decarbonisation is "lunacy" until a perfect technology falls from the sky, that's not economic realism. That's technological wishful thinking.