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Feb 10, 2022

The journey to reach net-zero global emissions by 2050 begins with a trillion-dollar step

Also today: For the first time, a Federal Reserve bank will be led by a Black woman. The Federal Reserve Bank of Boston announced Tuesday that economist Susan Collins will take over on July 1.

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A new report from McKinsey says the transition to net zero by mid-century would require over $9 trillion in annual spending.
A new report from McKinsey says the transition to net zero by mid-century would require over $9 trillion in annual spending.
Ralph Orlowski/Getty Images

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The Team

The journey to reach net-zero global emissions by 2050 begins with a trillion-dollar step