Goldman Sachs says renewable-energy spending will surpass oil and gas for the first time ever in 2021
Business Insider -

Jorge Luis Plata/REUTERS

Green-energy investing will account for 25% of all energy spending in 2021 and, for the first time ever, surpass spending on traditional fuel sources like oil and gas, Goldman Sachs said in a Tuesday note.

Should the US aim to hold global warming within 2 degrees Celsius, the pivot to renewable energy sources will create between $1 trillion and $2 trillion in yearly infrastructure spending, the team of analysts added, or an investment opportunity as big as $16 trillion...

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