Global capital investment in energy must more than double by 2030 – John Tobin

1: According to the National Mining Association of the United States, it takes an average of seven to 10 years to obtain the necessary permits to begin mining operations in the United States 2: “Factors Affecting the Costs of Airplanes”, Journal of Aeronautical Sciences, 1936 3. For a thoughtful explanation of the economics of carbon pricing, please see Chapters 5 (Regulating Externalities) and 17 (Green Taxes) of The Spirit of Green, 2021 by William Nordhaus. 4. See also, from the Climate Leadership Council, clcouncil.org/economists-statement, which has been signed by over 3,600 economists, including 28 Nobel Laureates and 4 former Fed Chairs. 5. See Chapter 9 (Green National Accounting) of “The Spirit of Green,” 2021. Livewire provides readers with access to information and educational content provided by financial services professionals and firms (“Livewire Contributors “). Livewire does not operate under an Australian financial services license and relies on the exemption available under section 911A(2)(eb) of the Corporations Act 2001 (Cth) for any advice given. Any advice on this site is general in nature and does not take into account your objectives, financial situation or needs. Before making a decision, please consider this information and any relevant product disclosure statements. Livewire has commercial relationships with certain Livewire contributors.

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