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Climate scientists' message to the financial world: dig deeper
Reuters via Yahoo ^ | April 5, 2022 | By Simon Jessop and Ross Kerber

Posted on 04/05/2022 8:37:46 AM PDT by Oldeconomybuyer

LONDON, April 5 (Reuters) - The world is awash with money, yet spending nowhere near enough to prevent extreme climate change. As time runs out, urgent policy intervention is needed to make finance flow, the Intergovernmental Panel on Climate Change's latest report says.

Such policy could include ending fossil fuels subsidies, tax breaks for clean power or energy-efficient buildings, or underwriting the development of low-carbon projects and technologies.

"Climate policy and finance will be critical for driving transformative change," said Emma Cox, global climate leader at consultants PwC.

The combined wisdom of 278 scientists and signed off by most of the world's governments, the IPCC's report Monday on mitigating carbon emissions has a singular message for public and private finance: dig deeper.

The report included stark findings on what's needed to curb greenhouse gas emissions enough to keep global temperatures from rising more than 1.5 degrees Celsius (2.7 degrees Fahrenheit) above pre-industrial levels.

Climate investment averaged across the globe would need to increase by up to six times from the roughly $640 billion spent in 2020, it said.

That's a tiny fraction of global economic output, which totaled some $84 trillion in 2020, according to the World Bank.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Crime/Corruption; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: emmacox; globalwarming; globalwarminghoax; greennewdeal; hoax; panicporn; propaganda; rosskerber; simonjessop; socialism

1 posted on 04/05/2022 8:37:46 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

BS fraud con job. How about digging their holes deeper?


2 posted on 04/05/2022 8:42:35 AM PDT by WKUHilltopper
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To: Oldeconomybuyer

Izmeneniye Klimata

Putin and Xi approve.
3 posted on 04/05/2022 8:43:19 AM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: Oldeconomybuyer

desperation, not for the earth just for their agenda which is to use “climate change” as a tool for total socialist control of the economy


4 posted on 04/05/2022 8:43:25 AM PDT by Wuli
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To: Oldeconomybuyer
"As time runs out..."

They think we believe them!!!! LOL


5 posted on 04/05/2022 8:44:00 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Oldeconomybuyer

“...yet spending nowhere near enough to prevent extreme climate change...” Well, ya gotta give them a “A” for sticktoitiveness. Sadly way too many people are buying the lie. Hot is hot, cold is cold. The tide comes in, the tide goes out. Never build at the bottom of a dam. Adapt or die. I know, “What about the people that don’t know how to adapt?”


6 posted on 04/05/2022 8:45:36 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: WKUHilltopper

There’s con men, and then there’s CLIMATE CON MEN.


7 posted on 04/05/2022 8:49:18 AM PDT by Chad C. Mulligan (qd4)
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To: Oldeconomybuyer

Global Warming Scientists are a waste of Air


8 posted on 04/05/2022 8:56:00 AM PDT by butlerweave
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
Good advice, we'll need a deep hole to dispose of bureaucratic democrats and despots.

9 posted on 04/05/2022 8:59:09 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Oldeconomybuyer

Since it was our pollution from our factories and automobiles that caused the Ice Age of the 1960’s through the early 1980”s(before catalytic converters and EFI), shouldn’t we be Burning as much Petroleum as Possible to Cool the Planet??


10 posted on 04/05/2022 9:25:41 AM PDT by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: Oldeconomybuyer
“On the UAH satellite monthly global mean lower-troposphere temperature dataset, seven and a half years have passed since there was any trend in global warming at all. “

https://wattsupwiththat.com/2022/04/03/the-new-pause-lengthens-now-7-years-6-months/

11 posted on 04/05/2022 9:34:13 AM PDT by zipper (In their heart of hearts, all Democrats are communists)
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To: Oldeconomybuyer
The world is awash with money,

He says that like it is a good thing.

Worthless money is, well worthless.

Sure, let’s spend worthless money on worthless solutions to non-existent problems.

Great idea!

12 posted on 04/05/2022 9:37:15 AM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit)
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To: Oldeconomybuyer
Have these "climate scientists" stopped driving and flying?

That's how we know they're LYING!!!

13 posted on 04/05/2022 9:54:16 AM PDT by G Larry (Anybody notice that Satan is hard at work?)
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To: Oldeconomybuyer

Sumer is icumen in Lhude sing cuccu! It’s time for Global Warming again, Away with Winter and Climate Change.”


14 posted on 04/05/2022 12:53:44 PM PDT by Hiddigeigei ("Talk sense to a fool and he calls you foolish," said Dionysus - Euripides)
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To: Oldeconomybuyer

The writer of the article says: “The world is awash with money”

Good—then send every Freeper a check for one million dollars. We would not complain.


15 posted on 04/05/2022 12:55:16 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: Oldeconomybuyer

The end game: “Concentration camps for climate change”


16 posted on 04/05/2022 1:15:16 PM PDT by stinkerpot65 (Global warming is a Marxist lie. )
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