‘Climate Change’ Could Cost US Budget $2 Trillion A Year By 2100 Or Something

We can fix this with a tax, though. And you giving up your fossil fueled travel, along with freedom, liberty, and life choices

Climate change could cost U.S. budget $2 trln a year by end century -White House

Flood, fire, and drought fueled by climate change could take a massive bite out of the U.S. federal budget per year by the end of the century, the White House said in its first ever such assessment on Sunday.

The Office of Management and Budget assessment, tasked by President Joe Biden last May, found the upper range of climate change’s hit to the budget by the end of the century could total 7.1% annual revenue loss, equal to $2 trillion a year in today’s dollars.

“Climate change threatens communities and sectors across the country, including through floods, drought, extreme heat, wildfires, and hurricanes (affecting) the U.S. economy and the lives of everyday Americans,” Candace Vahlsing, an OMB climate and science official, and its chief economist Danny Yagan, said in a blog. “Future damages could dwarf current damages if greenhouse gas emissions continue unabated.”

The analysis file:///C:/Users/8003938/AppData/Local/Microsoft/Windows/INetCac he/Content.Outlook/T0DU0FIQ/OMB_Climate_Risk_Exposure_2022.pdf found that the federal government could spend an additional $25 billion to $128 billion annually on expenditures such as coastal disaster relief, flood, crop, and healthcare insurance, wildfire suppression and flooding at federal facilities.

Is anyone surprised that OMB found the exact outcome Brandon wanted?

The president’s “Build Back Better” bill, which contained hundreds of billions of dollars in funding to fight climate change and support clean energy, has been stalled in the narrowly-divided Senate by Republicans and West Virginia’s conservative Democrat Senator Joe Manchin, the founder and partial owner of a private coal brokerage.

Biden late last month submitted a $5.8 trillion budget plan to Congress with a focus on deficit reduction in an apparent overture to Manchin has said he could not vote for the bill because it would worsen deficits. Biden’s budget plan calls for nearly $45 billion to tackle climate change in fiscal year 2023, an increase of nearly 60% over fiscal year 2021.

OK, so, let’s say we do all this. Who’s held responsible if it makes zero or barely any difference?

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10 Responses to “‘Climate Change’ Could Cost US Budget $2 Trillion A Year By 2100 Or Something”

  1. James Lewis says:

    What pure bullshit being used as fear mongering.

  2. drowningpuppies says:

    Bullshit indeed.

    In the West, twenty plus years and trillions of dollars of subsidies for “green energy” schemes have achieved only some marginal reductions in the share of final energy consumption derived from fossil fuels. Meanwhile, in the rest of the world, fossil fuel usage continues to soar. Leading the way is China, which has used the last two years of Covid distraction to have its emissions leapfrog to new records. In the overall picture, the Western obsession with decreasing emissions, despite enormous costs, does not have any impact that is even noticeable.

    (Emphasis mine.)
    Bwaha! Lolgf https://www.thepiratescove.us/wp-content/plugins/wp-monalisa/icons/wpml_cool.gif

  3. L.G.Brandon!, L.G.Brandon! says:

    And furthermore these idiots are projecting a $2 trillion increase in 78 years it looks more like 2-3 years the way they piss away money. In 78 years they’ll be in the $100 trillion a year range. Hell, these fools can’t predict how much gas will be in December let alone the budget in 2100.

    Biden’s proposed $5.8 trillion budget, with a $1.3 trillion deficit, printing and spending money we don’t have, is economic malpractice. America now has a debt to GDP ratio of 130%, up from 105% during the last administration. For perspective, above 80% is the tipping point before economic calamity according to the Washington Post. But $2 Trillion in 78 years. LIARS!

    They just pull figures out of their asses and expect the dOwds to eat it up. Like 979,000 Americans were killed by Covid. Or FJB won an election wit 81 million votes. Or 6,000 civilians were found in mass graves in The Ukraine. It’s all lies, damn lies.

    FJB and his followers who are haters and Nazis.

  4. Elwood P. Dowd says:

    William Teach typed: Who’s held responsible if it makes zero or barely any difference?

    Who’s held responsible if we don’t do enough and it does COST $ TRILLIONS in remediation? Teach? tRump? GOP?

    • drowningpuppies says:

      Who’s this “we”, dipshit?

      Bwaha! Lolgf https://www.thepiratescove.us/wp-content/plugins/wp-monalisa/icons/wpml_cool.gif

      • Elwood P. Dowd says:

        ShitLips typed: Who’s this “we”

        All of us, ShitLips, real name Richard Buttin.

        Bwaha! Lolgf

  5. L.G.Brandon!, L.G.Brandon! says:

    Sorry, “we” isn’t all of us since about 70% of the USA disagree and about 80% here do too. So when you use “we” you’re supposing the “royal we” like you’re a fukin king which you ain’t. It does and has always made you appear foolish which in your case is appropriate.

    But speaking for most of the commenters here “we” think you’re a commie loon, a racist and a hater.

    FJD and his followers. And the whore and the schvartze. Has the ignorant knee-gress found out what a woman is yet? She could grab fellow moonbat admiral Levine by the crotch but that might prove counter productive since he’s a guy playing at being a woman. The dOwdists love them some perverts. All that Harvard to create a fukin moron.

    • Elwood P. Dowd says:

      L.G.Brandon!, L.G.Brandon! typed: …commenters here “we” think you’re a commie loon, a racist and a hater

      Project much? We find it comforting that commenters here disagree with us on all matters great and small!

      It’s unlikely that “we”, the mass of humans worldwide, will do enough to limit CO2 emissions and global warming. We hope “you” never reproduce, but if you do, your grandchildren will resent you for your willful ignorance and wanton cruelty.

  6. James Lewis says:

    The following was written in 2009. It is now 13 years later.

    BTW, have I mentioned that five years ago on December 13 Al Gore said the ice cap would disappear in five years??


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