Climate Changed
It'll Take $94 Billion for These Companies to Go 100% Green
- Businesses need to add 87 gigawatts of wind, solar by 2030
- RE100 companies have committed to using 100% clean energy
The Renaissance Center, center, the global headquarters of General Motors Co. stands in Detroit.
Photographer: Jeff Kowalsky/Bloomberg
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For 125 of the world’s major companies to make good on their pledges to source power exclusively from renewable energy, they’ll have to spend $94 billion.
That’s enough to add 87 gigawatts of new wind and solar power worldwide, comparable to the U.K.’s existing power fleet, according to a report Thursday by Bloomberg New Energy Finance.