A high-voltage power transformer substation Evgeniy Alyoshin / Alamy
Climate change will lead to a small drop in global spending on energy by the end of the century, but many middle-income countries, including India, face a rise in these costs as people turn to air conditioning to keep cool, a study suggests.
The research by a US and Chinese team contradicts some past studies that suggested higher spending on energy .
“The actual global cost in energy consumption is much lower than people had previously thought. A lot of days,…



