According to a Morgan Stanley report, it will cost from $300 billion to $50 trillion to address global climate change over the next two decades. Morgan Stanley sees opportunities for investors in five areas: renewables, electric vehicles, carbon capture and storage, hydrogen, and biofuels. The opportunity exists because a large and growing market exists.
If we want to achieve environmental justice, we need to create a market for it. Otherwise, we will spend billions if not trillions of dollars to…
