Decarbonize and create value: How incumbents can tackle the steep challenge
The net-zero transition could lead to the largest transformation of the industrial sector since the beginning of the Industrial Revolution. To reach net zero by 2050, about $275 trillion in cumulative spending on low-emissions assets will be required over the next 30 years—or approximately 7.5 percent of global GDP every year for 30 years. Decarbonizing…
