While estimates vary on the cost of halting global warming and reducing net carbon emissions to zero, a new report from Morgan Stanley analysts finds that to do so by 2050 the world will need to spend $50 trillion in five key areas of zero-carbon technology.will require $14 trillion of investment, and could deliver around 80% of global power by 2050—up from 37% today. As solar energy becomes more affordable, it will become the fastest-growing renewable technology.
For renewables, companies like SunPower, General Electric and Huaneng Renewables are some of the bank’s top picks. Within the electric vehicles space, Tesla is the “only pure play”—though they should be followed by VW and Toyota in the long run, while other companies like Panasonic and Albemarle are among the leading players in lithium technology and supply.
In carbon capture and storage tech, Morgan Stanley highlights Bloom Energy, Exxon, Chevron and BP, among others.In the biofuels sphere, corporations like Neste, Sao Martinho, Shell and Valero Energy are all well-positioned.
You can't stop climate change!!
This is high time. Every single step is taken forward by each and every individual in preserving and saving mother earth. Corporates should amalgamate their CSR, Marketing, and entire structure as to Action on the awareness. Rather than just spreading awareness.
if you want to clean Air PlantATree!! Trillions of trees to replace the huge amount of trees cut do to this point in time. that is your challenge!! is it accepted? Massive Forest Restoration Could Greatly Slow Global Warming via sciam
PlantATree Plant Trillions of trees in each and every country around the world. from forests to towns and to Cities. The global tree restoration potential
Ask Obama and his 11 millions dollar mansion on the coast of Massachusetts
Yep, fake climate change is BIG BUSINESS!!
Maybe start with less people......
We need
Stop playing GOD!.. You can't stop global warming.
OR something like that. Actually nothing, man can do, will change things.
You have to give credit to how well Bernays' propaganda worked in spreading this lie for the benefit of bankster / politicians.
That's nothing compared to the cost of inaction.
So money can stop global money which means then it's true that money stops nonsense
Strange when you look at real data we’re cooling!
grow cannabis industry to create a gen of gardeners & build skyscrapers full of vertical gardens powered by solar & wind. Then create an industry around video games that allows the players & creators to make money to take the burden off natural world. Already a lottery economy.
Invest in these babies for zero carbon flying. I just love the idea of a slower cruise.
So we're stuffed then because that will never happen.
You cannot tax the people to change the temperature!
Let't put that money into making missile, and any country that does pay their fair share blow them off the face of the earth. Set them back to the stone age.
That's approximately 12 times worth of plastic industry.
Talk to Donald Trump and the Republicans!
Maybe Mnuchin should read this rather than try to school GretaThunberg
How much Will it take to end global hunger? 300 billion.
When we simple people are told that we must give up our money and freedoms to international experts who are much smarter and care more to save our planet I’m skeptical.
Strange, producing an electric car with lithium batteries causes more pollution than a modern diesel or petrol car over its lifetime! Also, no consideration has been taken for the cooling affect of the new grand solar minimum which will last until the 2050's!
The politicians will not accept that truth but they say it's a lie and move on destroying the earth with big money owners.
Nuclear energy could cut the cost down by at least a factor of 5%. Hydrogen seems promising but betting 20 trillion $ is a bit too much.
I repeat: there is NO CLIMATE CRISIS!
What will it cost if we don't?
Strange!! The world earns money by exploiting nature. And the report estimates we need $50 trillion to stop global warming. Education, Environment, Entrepreneurship, Empathy, and Enlightenment are not five different compartments.🌻 GlobalWarming GlobalCitizen GlobalGoals
'Climate change' hoax = globalist slush-fund
There is no climate crisis 👏👏👏
So nuclear fusion for power generation is a pipe dream? Zero CO2 emissions, really? How do people, animals, etc. stop breathing out CO2 then and plants stop photosynthesising? Who will fund 50TUSD? Has anyone got the bigger picture yet, the one that does not just look at $$?
Shit! We only have 10 years!
Well now..got to start somewhere
Mmmm K.
lol. Follow the money
I’d ratherdpens that money on infrastructure.
Possible.....
That is a quantity of 💵 that is effectively immaterial to bigoil, esp. given that for nearly the past half-century, - acc. to testimony from Rex Tillerson - the oil majors have all be saving funds specifically for climatecrisis mitigation stopthedrill
Sounds like a waste of money.
The sun has already stopped global warm, duh
Last month it 36 Trillion ... are you guys having a competition about who can make 'actually doing something' seem impossible?
Will $50 Trillion fix the Sun? How dim are you people?
They need to stop making these fake ass reports its a natural cycle. Co2 is not in the atmosphere.. its on the ground, its a heavy gas and cant float, not to mention its .004 of the atmosphere and has shitty thermal dynamics.
Total nonsense. Tell me: if the world wanted to raise/lower the average temperature by 5 degrees within the next ten years, how would we do it? Couldn’t do it for a sustained period of time if we wanted to.
Sensible Insights 👍
carbon is what all life on earth is based ... co2 tax is extortion and climate alarmism is all about shaking down the poorest people for more cash. morgan stanley will make trillions funding bs climate projects
Right, cuz our planet is worthless compared to meaningless cash.
The Indian chief has this handled
So this reveal the whole purpose: give me the f**king $50 trillion money!
If we could only curb our greed and understand that this is greater than us. Ince upon a time people could do that, because integrity existed. Now it's all craving for money and power beyond necessity. Damn shame.
There is no way we cant stop climate change... its a god damn natural cycle!!!!
To stop sea level from rising 3 feet over the next 80 years? I will take the three feet. Thanks anyway.
This is what is refered to as a shakedown
Well we are done then.
We’re fucked.
this would be tru if it was manmade but it isnt, read up
How much for a dead planet? Not that you would find a buyer....
I'm very green & love solar but biofuels increase food price & is very wrong. Nitrogen fertiliser runoff into seas leads to phosphorus starvation in Coral & is main cause of bleaching. Humans do effect the environment, pollution, plastics & destruction of nature all for growth 💚
FAke news, really
business ... You guys articles go hand in hand like the illuminati. ... Uranium is the best energy source out. We just need a way for America to get more of it.
I have no doubt Climate Change is real. What I have very serious doubts about are the solutions. We need real scientists and not political hype studying this problem.
apart from the two chimneys to the right of the first seconds of the video all you see is water vapor, why mislead people like this?
I really do hope the humans will wake up and stop wasting their time praying to some pagan deity of agriculture for the dollar famine to end...and instead solve their ludicrous historic ladyofpaviland issues before cleaning up the hoarded planet.
Fake.
Is the “Eternal Flame” pious?...then cry me a river with a Phoenix who takes cover from the howling winds inside a Doric Temple...the nightingale sleeps while the owls weep...who do we save?
we are doomed 😥
Dead planet will be pretty cheap
Republicans will have to acknowledge it first. Or we can replace them.
Help the planet by planting trees 🌳🌍 Info here MrBeastYT and on TeamTrees
The Tyranny of Chicken Little in a World of Limitless Victims.
Do THE WORLD have 50 trillion dollar? If The answer is YES, then what is THE WORLD waiting for? If The answer is NO, then where can THE WORLD borrow The money from? Maybe there is some friendly guys on Mars or somewhere else in THE UNIVERSE with a Printer that can help THE WORLD
sydnets The world currently spends $85 trillion per year, growing about 3.5% per year. Between now and 2050, we will spend a total of $4758 TRILLION. A $500T investment to save our descendants from ruin is 500/4758 = 10.5% of GDP. A big number, but WAY cheaper than the alternative!
👍
My son and grandchildren and their future grandchildren would probably say $50 trillion is a fucking BARGAIN to SAVE THE PLANET!!!!
You’re literally the hub for rich people. Sort it out Forbes
Obviously, the ultimate cost of climate change is the extinction of the human species. Among other things.
This is chock full of errors and misleading information from the polar bear on down. Horrendous that Forbes editors would allow this to be published.
... and not stopping will cost even more. You do get that, right? Forbes uses another number that was clearly plucked out of someone's a**. Honestly, it's like BINGO. And almost certainly, next week it will be raised to 150 gazillion-gazillion-gazillion-gazillion-mega-bucks.
It's the need of the hour or else the next-generation will face extreme climate implications.
Tell China and India about it.
I got 5 on it
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