Washington watchers who see a gloomy future for environmental issues may be missing something Wall Street already sees: an $8.7 trillion boom in sustainable investments.
One of every five dollars invested in the U.S. today targets sustainable investments. Not to be outdone, private capital is flowing there too. Bill Gates, Mark Zuckerberg, Jeff Bezos, Jack Ma and other tech titans recently committed $1 billion to launching a new, low carbon energy fund. Warren Buffett's company is busy investing in new solar and wind energy projects, including the world's largest solar plant. And 84 major corporations have pledged to source 100 percent of their energy from renewables going forward.
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