Goldman Sachs Declares Solar Energy Will Soon Be Cheaper Than Fossil Fuels, and Elon Musk is a Genius | Inhabitat – Sustainable Design Innovation, Eco Architecture, Green Building

We often assume that Wall Street investment bankers represent everything that is anti-environment. The truth is, all investment bankers care about is money. In many cases, this drives them to support corporate loopholes and industry practices that put the environment at risk, but not always. In 2012, Goldman Sachs surprised the world by announcing $40 billion in clean energy investments. And just a few months ago, Goldman Sachs said that the renewable energy sector is one of the most compelling and attractive markets. Now they’ve gone a step further. According to the firm’s recent report, not only is solar power a good investment, it’s also poised to make fossil fuels obsolete:

via Goldman Sachs Declares Solar Energy Will Soon Be Cheaper Than Fossil Fuels, and Elon Musk is a Genius | Inhabitat – Sustainable Design Innovation, Eco Architecture, Green Building.

Author: Makere

A Maori/Scots New Zealander transplanted to Canada. Grandmother, academic, indigenous scholar, sometime singer, sometime activist, who cares passionately about our world.