Cutting air pollution could save Europe up to $775 billion by 2025

Economists have long understood that protecting the environment eventually turns out to be good for the economy, too. More recently, they have become better at putting a dollar amount on just how good. Last week, the UN published a report showing that aiming for more ambitious goals on climate change would result in tens of trillions of dollars of saving for the global economy.

Take the case of air pollution. In Europe, most pollution is caused by road transport and household heating. Cars,...

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