Low Carbon Momentum Beyond the Paris Agreement

Published on05 JUN 2017

The US exit from the Paris Agreement is unlikely to change the dynamics of the global low carbon transition, according to Goldman Sachs Research’s Jaakko Kooroshy. He continues to believe that technology—not policy—will drive the shift to a Low Carbon Economy as LEDs, electric vehicles, wind and solar see rapid market share gains on the back of further cost reductions and performance improvement.

The bottom line here is that politics around climate change and the Low Carbon Economy are likely to remain volatile... But we believe that markets and technologies will continue to be the key drivers behind the accelerating low carbon transition.

- Jaakko Kooroshy