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Net zero by 2050 needs a cash influx — to the tune of an extra $34 trillion. That’s 19% more than the numbers originally crunched in a respected baseline scenario.
The caveat is that policymakers must ensure that transitional energy policies are firmly in place by the end of the decade. Will politicians and the corporate C-suite step up to assure shareholders that the transition to renewables needs to plunge ahead now in order to produce the necessary net zero by 2050 levels?
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The folks that wield government wallets and shareholder profit margins need to fork over trillions and trillions of dollars toward the clean energy transition, and those investments…
Read the full article originally published at cleantechnica.com.