Report
The problem for CO2 emissions reduction is that it requires not just investment but above all the destruction of capital
The world emits too much CO 2 to meet the international climate commitments. It is often insisted that investment in renewable energies must therefore be increased. T his does not pose much of a problem in a context of excess global savings, The problem is that investing more in renewable energies does not reduce CO 2 emissions. What reduces CO 2 emissions is the destruction of the capital that emits them: fossil fuel-fired power plants, factories that produce ICE vehicles, oil and gas fields. Destroying capital is very costly (in terms of growth, for companies), and much more so than increasing investment.
Provider
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
Other Reports from Natixis
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.