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Fortune

Marco Quiroz-Gutierrez

Goldman Sachs says reaching net zero will cost $75 trillion—more than two times U.S. GDP

Goldman Sachs Goldman Sachs Research

(Credit: Heather Khalifa—Bloomberg via Getty Images)

Reaching net-zero emissions is essential to mitigating the worst effects of climate change, but it will also take a massive investment, according to Goldman Sachs Research.

Offsetting the greenhouse gases produced by human activities by 2070 will require an investment of about $75 trillion, Goldman wrote.

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