Reports Puts Cost To Avert .2C Of Warming At $5.2 Trillion

I’m sure that Leftists consider this just pocket change

(Daily Caller) The United Nations is demanding more “climate action,” urging member countries to mobilize trillions of dollars more to fight man-made global warming.

UN climate chief Patricia Espinosa said “the very fabric of life on Earth is under threat” from global warming “We must act right here, right now,” Espinosa told delegates and activists gathered in Bonn, Germany for another round of climate talks.

S&P Global Markets’ new report puts the price at $5.2 trillion to implement national-level plans to comply with the Paris agreement. But that figure is based on financial estimates individual countries submitted to the UN.

“Of the 189 countries that have submitted NDCs, only about 60 have included specific financial estimates of the costs, meaning the total would likely tally up far beyond the $5 trillion stated,” S&P reported, which adds that spending is not nearly enough to meet the goals of the Paris accord.

However, the UN estimates national plans to cut greenhouse gas emissions to shave 0.2 degrees Celsius off projected 3.2 degrees Celsius of warming by 2100. (This, of course, assumes the climate models have it right, which may not be the case.)

When it comes down to it, you know that the $5.2 trillion plus whatever comes from those other counties would just be starter money, and, hey, how much will go into the pockets of the U.N. and the people pushing this scam? They’ll want more and more and more.

And you know Warmists will want this money to come from Other People. Not themselves.

Save $10 on purchases of $49.99 & up on our Fruit Bouquets at 1800flowers.com. Promo Code: FRUIT49
If you liked my post, feel free to subscribe to my rss feeds.

Both comments and trackbacks are currently closed

Comments are closed.

Bad Behavior has blocked 5264 access attempts in the last 7 days.