4 Stocks To Watch In The $1.8 Trillion Race To Net Zero
–News Direct–
Cutting down emissions to net zero is one of the worlds most ambitious goals, thanks to the Paris climate agreement. That goal is being taken so seriously that BloombergNEF recently reported that the amount invested in the green energy transition will reach a staggering $1.8 trillion in 2023.
But for the world to achieve net zero status, shifting our transportations reliance from internal combustion engines to electrical vehicles will have to be accelerated. Last year, global sales of EVs, including BEVs, PHEVs (Plug-in Hybrid Electric Vehicles), and FCVs (Fuel Cell Vehicles), reached 13 million units in 2023, representing a 29.8% growth compared to 2022.
At the same time, the world put $634 billion toward electric vehicles and charging technology in 2023, or 85% of its tota...