Bank of America: The carbon offset market will grow 50 times to meet 2050 net-zero emissions goals

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Bank of America: The carbon offset market will grow 50 times to meet 2050 net-zero emissions goals
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A new research report published by Bank of America says the carbon offset market may need to grow by 50 times to meet 2050 net-zero emissions goals.

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The carbon offset market may grow by as much as 50 times if companies are going to meet their 2050 net zero greenhouse gas emissions goals, according to a new report from Bank of America.

Achieving net zero energy emissions by 2050 will demand approximately 7.6 gigatons of carbon dioxide offsets or removal, Bank of America said.Ognen Teofilovski | Reuters

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