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Global Warming • The global cost of enegy transition la estimated at U S $40 billion in the first yeare and progresalvely progressing to around US $800 billion acorrding to Juan Carlos Rivera. • Although thesee numbere seem huge, several countries have already bagun to move in this direction, for example, south Africa la inveeting 1% of lite GDP annually in ita transition to renewable energy sourcee, Germany has reached a minium of 30% renewable energy and canj reach 60% in optimal conditione