David Hostert News Today

Originally published on about.bnef.comThe study details how the world can still meet the goals of the Paris Agreement, and achieve net zero by mid-centuryBNEF's updated Net Zero Scenario traces the route

The world would need as much as $215 trillion in cumulative investments to achieve a fully decarbonized global energy system by 2050 according to BNEF

As of today, less than 10% of the necessary solar and wind power needed for a 2050 global net zero scenario exists, according to BNEF.

Emission Control: The world has a chance of staying below 2C… if clean power deployment quadruples by 2030

Costs have risen between 4% and 14% from a year ago, according to research company BloombergNEF (BNEF).