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 transplanted New Zealand Scots/Maori academic/grandmother/random singer and sometime activist, my life is shaped by a deep conviction of the necessity for active critical engagement in the multi-faceted global and local crises of being and survival of species that confront us in the 21st century, the urgency of re-visioning the meaning of thriving together, and the contribution of Indigenous knowledge systems to a truly sustainable and just global society.

Te Mauri O Te Wai

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Fresh findings from around the world, compiled and edited by Kev Warburton, Institute of Land, Water & Society, Charles Sturt University

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