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OverviewAPI
COP28 grapples with the immense capital needed for the energy transition, estimated at $110 trillion to $275 trillion, with Deloitte estimating $5-$7 trillion annually through 2050. Concerns arise over increased capital cost and the burden on developed nations' national debt. Political opposition in the US, Europe, and other countries pose potential roadblocks, emphasizing the need for stable public policy and bipartisan consensus.

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