2050 'Net Zero' Climate Target Will Cost $275 TRILLION; More Than U.S. Govt Currently Spends Per Day.

Top consulting firm McKinsey has calculated that the net-zero emissions targets set by global governments and championed by the United Nations would would cost the public a staggering $275 trillion by 2050, or around $30 billion per day for the next 25 years.

The number would account for more than the U.S. government currently spends per day, with the targets especially a part of Boris and Carrie Johnson's green agenda in the United Kingdom.

President Biden recently committed America to the same 2050 target, telling the COP26 conference of his regime's "Overall long-term strategy that outlines [and] how we'll get to net zero - net zero emissions by 2050.".

The stunning numbers would increase spending on physical assets for energy and land-use systems by $3.5 trillion.

The report pushes for the use of low-emission energy such as hydrogen.

"The economic transformation required to achieve net-zero emissions by 2050 will be massive in scale and complex in execution, yet the costs and dislocations that would arise from a more disorderly transition would likely be far greater, and the transition would prevent the further buildup of physical risks."

The recent inflationary pressures and general financial mismanagement globally has caused some to speculate over full currency crashes, with long-term social credit replacements for traditional financial transitions.

https://thenationalpulse.com/2022/01/25/2050-net-zero-climate-target-will-cost-275-trillion-more-than-u-s-govt-currently-spends-per-day/