Financial Minds: Profitable + Renewable?

What’s happening? MIT Sloan Business School paper concerning Decarbonizing Our Toughest Sectors — Profitably. Let’s check in on their arguments supporting their theory.

Why is this important?

• Costs keep going down for new green technology that can replace obsolete equipment
• Opportunity to create novel incentives, reward innovative competitors challenging incumbent industries with breakthrough technologies
• Integrate new technology
• Migrate production and manufacturing to make use of renewables and cut costs
• Reward frugal infrastructure design

How will this be important? In 2020, during the pandemic, the growth of renewables accelerated by 45%

MIT Sloan Management Review | Decarbonizing Our Toughest Sectors — Profitably