A new report estimates that $50 trillion of investment is needed in the next three decades. Renewables will require $14 trillion of investment, and could deliver around 80% of global power by 2050—up from 37% today. will require $14 trillion of investment, and could deliver around 80% of global power by 2050—up from 37% today. Carbon emissions from fossil fuels hit a record high last year, highlighting the need to act quickly on climate change. Big numbers: Morgan Stanley recommended a basket of stocks in each area of zero-carbon tech that could profit from increased climate change spending:

Source: Forbes October 24, 2019 18:08 UTC