The Inflated Cost Of The Energy Transition: 1.6% For 1.5°

The energy transition, while of course necessary, will result in a series of economic, environmental and social trade-offs over the next decade. One of these trade off’s is related to inflation. In this paper, Lloyd McAllister, head of sustainable investment, Raphaël Gallardo, chief economist, and Michel Wiskirski, commodities specialist, at Carmignac explore the inflationary impact of the energy transition.