With the world’s attention on Paris and the COP21 climate talks among world leaders, investment bankers at Goldman Sachs offered their recommendations for technologies that offer the best promise of mitigating carbon emissions, and the list lies squarely in the electrical industry’s growth sweet spots: LED lighting, solar photovoltaics, onshore wind power and electric vehicles.
Goldman keyed the list to what it considers the most effective mid-term solutions for lowering carbon emissions, and making money, by backing existing technologies that are ready to scale. The four technologies amount to an investment opportunity of $600 billion per year by Goldman’s estimates.
"We believe investors should focus on this set of front-runners with the potential to shift emission trajectories and reshape competitive dynamics on a five- to 10-year view," Goldman analysts wrote in their report.
Read the report: The Low Carbon Economy: GS SUSTAIN equity investor’s guide to a low carbon world, 2015-25