Layzej writes with news carried by The Guardian about a report published by the Global Perspectives & Solutions division of Citibank (America's third-largest bank) examining the costs and benefits of a low-carbon future. The report examined two hypothetical futures: one "business as usual," and the other (the "Action" scenario) which includes an aggressive move to reduce energy use and carbon emission. From the article: "One of the most interesting findings in the report is that the investment costs for the two scenarios are almost identical. In fact, because of savings due to reduced fuel costs and increased energy efficiency, the Action scenario is actually a bit cheaper than the Inaction scenario. Coupled with the fact the total spend is similar under both action and inaction, yet the potential liabilities of inaction are enormous, it is hard to argue against a path of action." But there will be winners and losers, says the report: "The biggest loser stands to be the coal industry, where we estimate cumulative spend under our Action scenario could be $11.6 trillion less than in our Inaction scenario over the next quarter century, with renewables, wind and nuclear (as well as energy efficiency) the main beneficiaries."