Governments and companies need to spend an extra $34 trillion on the clean energy transition between now and 2050 to reach net-zero emissions, according to BloombergNEF.
Governments and companies need to spend an extra $34 trillion on the clean energy transition between now and 2050 to reach net-zero emissions, according to BloombergNEF.
“It is somewhat encouraging we’re so near, but at the same time, it’s also so far because a lot of these investments aren't fully profitable without further action,” said David Hostert, global head
The really is that retrofitting the electrical grid allows the U.S. goverment-as the global hegemony-to issue & supply debt and run traded & budget deficits thereby securing the dollar position and increasing the velocity of money. While this spending orgy allows all countries to practice mercantilism policies.
The really is that retrofitting the electrical grid allows the U.S. goverment-as the global hegemony-to issue & supply debt and run traded & budget deficits thereby securing the dollar position and increasing the velocity of money. While this spending orgy allows all countries to practice mercantilism policies.