Bank of America: 10 things you must know about 'green' investing

1. In order to control the overall global warming within 1.5 degrees Celsius, carbon dioxide emissions must be reduced by 50%-80% by 2050;

2. In order to achieve zero emissions by 2050, the United States needs to spend 150 trillion US dollars, which is equivalent to 30 years of US taxes;

3. From a macro perspective, the current U.S. inflation level can be controlled at 1%-3%, which mainly depends on the monetary policy changes of the Federal Reserve;

4. The green economy can increase global GDP by 0.3%-0.5% per year;

5. The development of a circular economy is a must, and the switch to electric vehicles means that supply of nickel and lithium may in shortage in 2024;

6. From the perspective of different industry sectors, technology companies are most in line with the green economy (about 51%), while the construction industry is the most polluting (about 8%);

7. The carbon footprint of buying one bitcoin for $50,000 is 270 tons, which is equivalent to the emission of 60 traditional fuel vehicles;

8. In 2021, the flow of funds to ESG companies will set a record, and 30% of the investment in the stock market will flow into ESG companies;

9. The coupons of bonds issued by new energy companies in 2021 are 70 basis points higher than the coupons of overall US dollar investment-grade bonds, despite the same rating;

10. 30% of emerging market investors say they will reduce their exposure to oil and gas over the next three years, even though petrochemicals account for about 20% of their market index.