The Low Carbon Economy
The Wind and Solar Boom
- The Wind and Solar Boom [2:25]
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Falling wind and solar costs are set to spur even greater investment in renewable technologies. Goldman Sachs Research’s Alberto Gandolfi forecasts that by 2023, renewables will be able to operate without government subsidies. From there, Gandolfi expects wind and solar deployment to accelerate, reaching $3 trillion over the next 20 years.