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Economics

Goldman Says Carbon Net Zero Shift Will Likely Boost Inflation

Court Temporarily Blocks Takeover Of Texas Emissions Program

Photographer: F. Carter Smith/Bloomberg

The global push to achieve net zero carbon emissions will likely result in a meaningful boost to inflation, according to analysts at Goldman Sachs Group Inc.   

Based on the assumption that carbon taxes would rise to $100 a ton by 2030, the analysts led by Jan Hatzius calculated the likely rise in prices in four major economies -- the U.S., China, Germany and Canada.