Posted on 03/06/2023 4:20:25 AM PST by Oldeconomybuyer
Climate change could cost Germany up to €900 billion ($956.8 billion) by the middle of the century, government research published Monday has shown.
The study presented by the Environment and Economy Ministries was not to be understood as a prediction, but were meant to give an impression of what could happen under certain circumstances.
In the best case of "weak climate change," costs of €280 billion would amount during the time period. However, that figure could range up to €900 billion euros in less favorable scenarios.
According to the models, the average annual costs of extreme events such as heat and floods in Germany would increase by between 1.5 to 5 times per year by 2050.
That could represent a decrease in GDP of 0.6%-1.8% in the year 2050.
According to the authors, the values determined represented lower limits, as it was impossible to measure all consequences of climate change in costs and represent them in the model. The loss of quality of life and biodiversity as well as deaths were some of those consequences.
"It is therefore to be expected that the costs of climate change can still turn out to be considerably higher than determined by the scenarios in the model context," the study said.
(Excerpt) Read more at dw.com ...
Or it could not, more likely not.
Let them eat worms.
Climate change could cost Germany 900 million euros. But not to worry, the government will “fix” it (and oppress their citizens even further) for a mere $5 billion euros per year, until the problem is “solved”.
No, exorbitant and illegal TAXES do that . . . climate change brings warm weather and hotties in bikinis.
Oops, that’s 900 billion euros, and they’ll spend at least $100 billion per year to “fix” it, while also costing their economy and citizens hundreds of billions more in lost productivity and depredation.
Yes, this is pure Propaganda. Not even credible lies.
Gaia Worship is going to cost Germany a lot more than that. You can’t run a modern economy on unicorn farts.
The Gaia Worshipers are determined to force that on Germany anyway. Viel Glueck!
Not to mention having their cheap natural gas pipeline blown up by their American allies, so their American allies can sell them LNG at 5X the delivered cost.
“Yes, this is pure Propaganda. Not even credible lies.”
Since CO2 is up 30 percent so far, where is the evidence of increased damage from climate related events in the last 50 years? There is no such increase. It is hard not to wish bad things for these shameless liars.
The measures chosen to counter it will cost more. And your freedom.
I don’t believe “models” since the beginning of the Covid Scamdemic. Anyone can come up with models to fit their narrative and agenda whenever they want. Just like the polls. We have found out how wrong these models can be and after they are found to be wrong...no apologies from the creators.
Those worried about climate change could try praying to God about it. After all, who do they think controls the climate?
“Climate change could cost Germany up to €900 billion ($956.8 billion) by the middle of the century, government research published Monday has shown.”
There is that word again. “Could”.
If they stop funding ARD, sanity - and savings - might ensue.
Personally, I think it’s their water. /s
If this were an oil cleanup the same figure would be described as 2 Trillion.
“Climate change could cost Germany up to €900 billion” - if it actually existed.
900 billion is how much the ‘green socialists’ intend on extorting from the German ‘Volk’.
With this talk, no wonder our children are emotional wrecks.
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