For all but a few.
Posted on 07/28/2024 5:43:19 PM PDT by Libloather
U.S. Treasury Secretary Janet Yellen said during a speech in Belem, Brazil, on Saturday that the price tag for a global transition to a low-carbon economy amounts to $78 trillion in financing through 2050.
Yellen said that in order to achieve the goal of net-zero global carbon emissions, there would need to be $3 trillion globally in annual financing for the cause, which she said is a top priority for the Biden administration, according to the speech. In order to contribute to this, Yellen vowed to finance green initiatives in developing countries through multilateral development banks and develop “clean energy technologies.”
“The transition will require no less than $3 trillion in new capital from many sources each year between now and 2050,” Yellen said during the speech. “This can be leveraged to support pathways to sustainable and inclusive growth, including for countries that have historically received less investment.”
In 2022, global economies provided a record $116 billion to finance climate initiatives in developing countries, which Yellen called “the single-greatest economic opportunity of the 21st century” during the speech.
“Neglecting to address climate change and the loss of nature and biodiversity is not just bad environmental policy,” Yellen said during the speech. “It is bad economic policy.”
Yellen boasted in her speech about the commitments the Biden administration has put forth toward forwarding these green initiatives to achieve their “climate goals.”
(Excerpt) Read more at dailycaller.com ...
Now we KNOW she is a mentally ill person with too much influence.
For all but a few.
I think I can ID some Carbon that should be sequestered.
Trump better change his mind and get rid of her...
Why not 500T?
What a nut case!
I sure hope she is one of the first to be fired when Trump becomes President.
Gramma Yellen proposes a steroid shot to boost inflation!
Climate change is here have no doubt
Too much rain too much drought
Run in circles scream and shout
It’ll cook your brain and freeze your feet
Too much rain too much heat
Snow coming soon no relief in sight
Tornados and floods you better run for your life
Climate change is here better hide in fear.
They need more money or it gets severe
Hurricanes on the way they’re comin soon
You’re all going to die in the next typhoon
Too much rain too much drought
Run in circles scream and shout
Never before in the field of human endeavors has so much been spent by so few on something so wrong.
> the price tag for a global transition to a low-carbon economy amounts to $78 trillion in financing through 2050. <
Pick one:
A. Spend your money to fix roads, repair bridges, upgrade hospitals, fund medical research.
B. Spend your money on unworkable “green” projects to address a problem that doesn’t even exist.
The sensible choice is obviously “A”. So let’s all pick “B”.
My state will have long seceded before this lunacy.
There’s going to be a real hot climate change BIG TIME for those who have turned their backs on the LORD. We are witnessing end times stuff. . . .but only the Father knows when!
She belongs in ‘where’s the beef’ commercials.
Yeah!!!
Gosh ,you make it sound like 78 Trillion is expensive.....Nowadays,it will buy a couple bags of groceries......
Janet Yellen, STUPID fat little b!tch. Do the world a favor, off yourself as a carbon offset!
And there’s more...for...”sustainable and INCLUSIVE growth, including for countries that have historically received less investment.”
At some point being so stupid has to be a capital offense.
Somebody needs to put this retarded old lady in a home.
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