Reaching net zero emissions by 2070 will require an unprecedented $75 trillion investment—more than two-and-a-half times U.S. GDP—according to Goldman Sachs Research.
Goldman Sachs projects that faster-than-expected warming could lead to global temperatures exceeding the critical 1.5 degree limit within the next five years.
Despite the tremendous financial burden, Goldman Sachs argues this transition to sustainable energy represents a significant investment opportunity for capitalizing on emerging industries.
To effectively reach net zero, Goldman emphasizes allocating funds not just to renewable energies, but also to clean hydrogen, energy storage, and enhanced carbon capture technology.
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