2021-04-03 Getting To Net Zero Cost $50 Trillion

Will we ever get there? We must get the government to intervene.

Quote from Guardian article – link below
<< Under the current system the costs, says Fancy, are simply too high and the benefits of conducting business as usual are too great. A 2019 Morgan Stanley study found that getting to net zero by 2050 will cost $50tn.

“The reality is that their incentives are very short-term,” he said. “My concern is that when it comes to climate change, it’s actually expensive. It’s like saying when it comes for Covid-19 that’s a crisis and an opportunity. Well yeah, it’s an opportunity for Zoom, it’s not an opportunity for society.” >>

https://www.theguardian.com/business/2021/mar/30/tariq-fancy-environmentally-friendly-green-investing

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