Economics

Scientists Start $150 Billion Program to Cut Clean-Energy Costs

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Scientists and economists including BP Plc’s former chief executive officer, John Browne, are inviting governments to join a $150 billion program that aims to make clean energy cheaper than coal.

The 10-year plan, known as the Global Apollo Programme to Combat Climate Change, will fund research into renewables, power storage and smart-grid technologies to make them cheaper than fossil fuels. It aims to create an international task force of scientists, entrepreneurs and policymakers.