The Low Carbon Economy GS SUSTAIN equity investor’s guide to a low carbon world, 2015-25

[kristopher]

The Low Carbon Economy
GS SUSTAIN equity investor’s guide to a low carbon world, 2015-25
We explore the low carbon economy, now a growing, $600 bn+ pa revenue opportunity. Between 2015 and 2020, solar PV and onshore wind will add more to global energy supply than US shale oil production did between 2010 and 2015. By 2020, six in ten lightbulbs will be LEDs; and our analysts expect carmakers to sell 25 million hybrid & electric vehicles by 2025, 10x more than today. We estimate that these technologies will save >5 Gt of CO2 emissions per annum by 2025 and could help global emissions to peak earlier than expected around 2020, with ripple effects felt across our global coverage.

http://www.goldmansachs.com/our-thinking/pages/new-energy-landscape-folder/report-the-low-carbon-economy/report.pdf

[Moostache]

1. And the truth shall set them free...

Goldman Sachs and the rest of the investor class have NEVER gave one tenth of one shit about the environment, the threat of climate change or the very real loss of speciation and biodiversity that threatens the entire planet's ecology.

They cared and still care only about the next 3-5 years of investing and profits, nothing else matters.

At least they are finally publicizing the obvious - the fossil fuel industry is about to enter permanent decline through the combination of costly extractions and lower demand depressing prices in an oil glut from over-production. They will of course go through last ditch efforts at mergers and consolidations, but the writing has been on the wall for a decade already, the difference now is that the investors are no longer running interference to protect their portfolios.

Expect a massive move away from traditional energy companies in a manner that mimics the decline of the once mighty American Steel industry. 10 years from now, they will be a complete shell of their peak.

[kristopher]

2. Anyone paying attention has long known...

...that the point where the new economic winners from the low carbon economy outweigh the existing economic winners in the carbon economy is the point where the transition becomes unstoppable.

The Goldman Sachs review shows that desired economic tipping point has been reached.