27 Oct 2021
Decarbonisation: Clean & Green
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
The World (developed nations especially) are on a path to decarbonisation which is to move to nil or low-carbon power sources to reduce the emission of carbon dioxide into the atmosphere by 2050.
The IEA (International Energy Agency) estimates that US$6.6 trillion will need to be spent on clean energy and green infrastructure over the next 30 years. However there are estimates of between US$20 trillion and US$50 trillion needed to improve industrial processes across the World.
Click for chart.
Bottom line, the spend is going to be large, very large to Net Zero by 2050 which presents a megatrend investment opportunity.
WARNING, this does not constitute Personal Advice and is general in nature. To discuss if this is appropriate for your given circumstances please do not hesitate to contact us directly.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.