The Cost Of The Climate Cabal

It’s about 51/2 times the size of the U.S. economy, more than four times larger than the (always-growing) federal debt, and 150% of the world’s GDP. 

A year ago while in Davos, Switzerland, for the World Economic Forum, the administration’s climate functionary John Kerry said that “money, money, money, money, money, money, money” was needed for climate programs. And zero impact on the climate.“

You can turn out the lights and shut down the cars and oil fields and you won’t affect the weather, because, if you believe humans are causing dangerous climate change, which I don’t, developing countries, led by China and India, are presently driving the bus,” says H. Sterling Burnett, director of the Arthur B. Robinson Center on Climate and Environmental Policy.

“In the end, the only true effect (President Joe) Biden’s climate efforts will have on Americans is to make their supply of electric power more expensive and less reliable, to make travel more difficult and expensive, and cost jobs and lives.

”Research by University of Sussex economist Richard S.J. What can we expect in return?

Economic struggles. Energy shortages. The gathering of the rich and powerful will spend its week schmoozing, trading favors and backslapping to become richer and more powerful. And of course talking about how much the world needs them and their special skills to solve the climate crisis they have fabricated, and how much of other people’s money they need to get the job done.

But let’s say the climate cabal gets the $150 trillion (after all, it’s only about $5 trillion a year) from taxpayers. 

Tol, whose other academic and institutional affiliations are too numerous to list here, found that reaching previously agreed upon climate targets can’t withstand a cost-benefit analysis.

“In 2050, the year of net-zero, the best estimate of the benefits of the 1.5∘C target are about 0.5% of GDP while the costs are almost 5%,” he wrote last year.

He further noted that “the biggest policy challenge lies in dealing with the inevitable fall-out when the 1.5∘C target is missed, perhaps later this decade, and the 2.0∘C becomes undeniably infeasible. That string of words actually corresponds with a sum, and it’s $150 trillion.

Go ahead, try to comprehend that number. Or, according to Eric Worrall at the Watts Up With That?

https://issuesinsights.com/2024/01/11/the-cost-of-the-climate-cabal/