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  • REPORT: $12.7 Trillion Needed To Meet Paris Climate Accord’s Goal

    06/15/2017 11:38:05 AM PDT · by ForYourChildren · 43 replies
    The Daily Caller ^ | 06/15/2017 | Michael Bastasch
    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...