When discussing how expensive the green transition becomes for Danish society, it is important to consider more aspects than the investments needed.
Our results show that when looking solely at the saved health costs from the reduction in air pollution, society can save 10 to 20 billion Danish kroner per year.
Several Danish studies estimate the cost of transition to be approximately 13 to 26 billion Danish kroner a year from 2025 to the year when the transition is complete. These costs often do not include savings for society in terms of, for example, less air pollution.
Published as EML Notat nr. 1, “Husk Helbredsomkostningerne” (“Remember the Health Costs”), the analysis highlights that reduced air pollution can offset a substantial share of the green transition’s estimated costs.
The analysis quantifies the saved health costs from reduced air pollution as Denmark’s green transition progresses, estimating savings of 10 to 20 billion Danish kroner per year.
The analysis was developed and refined by Energy Modelling Lab, published as EML Notat nr. 1 in 2020.
The published findings continue to inform how policymakers and the public weigh the full costs and benefits of Denmark’s green transition.
Client: Not applicable
EML team: Kenneth Karlsson, Ida Græsted Jensen