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Net-Zero 2050 May Need Up To $173 Trillion Investments — Tsvetana Paraskova

Summary:
Where is the money going to come from? (snark)Actually, the estimate is between 92 and 173 trillion in USD terms over the next 30 years. It is doable but will take concerted effort in a divided world, especially when the US is divided internally on the issues involved. The problem is more political than economic.OilpriceNet-Zero 2050 May Need Up To 3 Trillion InvestmentsTsvetana Paraskova

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Where is the money going to come from? (snark)

Actually, the estimate is between 92 and 173 trillion in USD terms over the next 30 years. It is doable but will take concerted effort in a divided world, especially when the US is divided internally on the issues involved. The problem is more political than economic.

Oilprice
Net-Zero 2050 May Need Up To $173 Trillion Investments
Tsvetana Paraskova

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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