I can hear Warmists right now: “it’s only $12.7 trillion by 2040. No biggee”
(Daily Caller) A whopping $7.4 trillion will be spent globally on new green energy facilities in the coming decades, but another $5.3 trillion is needed to meet the goals of the Paris climate accord, according to a new report.
Bloomberg New Energy Finance (BNEF) is out with a new long-term energy outlook report, this time projecting a total of $12.7 trillion to keep projected global warming below 2 degrees Celsius by the end of the century — a goal of the Paris accord.
BNEF projects $7.4 trillion will be invested in new green energy capacity by 2040, and that global carbon dioxide emissions will be 4 percent lower in that year than in 2016.
There’s a training program we use in my company, which has lots of statistics in terms of sales, what people buy, how people buy, etc., and the presenters always say “if you don’t believe it, cut it in half. Cut it in half till you believe it, because it still means more sales for you.” In this case, when it comes to all this “green energy” and climate projects and stuff, double the number. Don’t believe it? Double it again. Because whatever the number is, it will be huge with government involved. Certainly, if it was all so super awesome, companies would be putting lots and lots of their own money to develop it.
Realistically, most of the money is going to go to administration, barely functional projects, in politicians pockets, and redistributed to 3rd world shitholes.
