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REPORT: $12.7 Trillion Needed To Meet Paris Climate Accord’s Goal
The Daily Caller ^ | 06/15/2017 | Michael Bastasch

Posted on 06/15/2017 11:38:05 AM PDT by ForYourChildren

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 emissions will be 4 percent lower in that year than in 2016.

But that’s not enough to keep projected warming below 2 degrees, the report warns.

BNEF says a “further $5.3 trillion investment in 3.9 [terawatts] of zero-carbon capacity would be consistent with keeping the planet on a 2-degrees-C trajectory,” according to an excerpt of the report obtained by Axios.

President Donald Trump announced U.S. withdrawal from the Paris accord in early June, arguing it would hurt American workers by transferring wealth from them to economic competitors, like China and India.

“This agreement is less about the climate and more about other countries gaining a financial advantage over the United States,” Trump.

{..snip..}

(Excerpt) Read more at dailycaller.com ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: blackhole; climate; climatechangecost; climatechangefraud; cost; paris; parisaccords; parisaccordscost; trillions
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To: ForYourChildren

There are good (and large) estimates for how many people die every year because they don’t have energy for refrigeration, communications, transportation, etc. These estimates are much better science than future temperature estimates (the number of deaths matches observation unlike temperature models)

A lot of this money will go to leaders/dictators/presidents to ensure that millions of people who can be scientifically observed/counted/estimated reliably do not get access to life-saving energy because of temperatures projections which cannot be observed/counted/estimated reliably. But Al Gore isn’t about to take even minor chances with his beachfront property no matter how many people it kills (besides, carbon trading could make Gore billions so screw everyone else).


21 posted on 06/15/2017 12:18:47 PM PDT by LostPassword
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To: ForYourChildren

Wealth Re-distribution at the wholesale level


22 posted on 06/15/2017 12:19:41 PM PDT by TexasTransplant (I remember when 100% of scientists agreed there were only 2 genders.)
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To: marron
I want to be one of the brokers putting these deals together, that’s what I want. It will be like owning your own money machine.

Look into the wind/solar power racket.

Son of a friend of mine, fresh out of college and a con man since he was born, got hooked up with the big wind farms south of Spokane.

B.S.'d his way though one position and another, found himself as VP of the whole project.

My friend sent me a text one day, this was six or eight years ago, saying "My son just made his first million, at age 27."

23 posted on 06/15/2017 12:26:03 PM PDT by Fightin Whitey
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To: ForYourChildren

Thank God President Trump got us out of that boondoggle.


24 posted on 06/15/2017 12:29:32 PM PDT by Parley Baer
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To: ForYourChildren

That’s almost $2k for each person on earth. For the Ctrl-Left to pretend the alleged one degree temperature difference, even if true, is worth that much money is insane. Of course, most things from the far left fringe are crazy, so this is not a surprise.


25 posted on 06/15/2017 12:32:46 PM PDT by Pollster1 ("Governments derive their just powers from the consent of the governed")
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To: ForYourChildren; All
Patriots, regarding unconstitutional USA financial commitments to Paris Climate Accord, we need to repeal the ill-conceived 17th Amendment.

Misguided state lawmakers foolishly gave up the voices of the state legislatures in Congress when they ratified that amendment, effectively repealing the whole Constitution by doing so imo.

Here is a list of MAJOR constitutional problems with USA funding of things like Paris climate accord as clarified by Thomas Jefferson and previous generations of state sovereignty-respecting Supreme Court justices.

Drain the swamp! Drain the swamp!

Remember in November ’18 !

Since Trump entered the ’16 presidential race too late for patriots to make sure that there were state sovereignty-respecting candidates on the primary ballots, patriots need make sure that such candidates are on the ’18 primary ballots so that they can be elected to support Trump in draining the unconstitutionally big federal government swamp.

Such a Congress will also be able to finish draining the swamp with respect to getting the remaining state sovereignty-ignoring, activist Supreme Court justices off of the bench.

In fact, if Justice Gorsuch turns out to be a liberal Trojan Horse then we will need 67 patriot senators to remove a House-impeached Gorsuch from office.

Noting that the primaries start in Iowa and New Hampshire in February ‘18, patriots need to challenge candidates for federal office in the following way.

While I Googled the primary information above concerning Iowa and New Hampshire, FReeper iowamark brought to my attention that the February primaries for these states apply only to presidential election years. And after doing some more scratching, since primary dates for most states for 2018 elections probably haven’t been uploaded at this time (March 14, 2017), FReepers will need to find out primary dates from sources and / or websites in their own states.

Patriots need to qualify candidates by asking them why the Founding States made the Constitution’s Section 8 of Article I; to limit (cripple) the federal government’s powers.

Patriots also need to find candidates that are knowledgeable of the Supreme Court's clarifications of the federal government’s limited powers listed above.

26 posted on 06/15/2017 12:35:12 PM PDT by Amendment10
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To: ForYourChildren

FOLLOW THE MONEY


27 posted on 06/15/2017 12:37:28 PM PDT by Vlad The Inhaler (Best Long Term Prepper Tactic: Beat The Muslim Demographic Tsnami - Have Big Families)
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To: Amendment10

.
Excellent post!
.


28 posted on 06/15/2017 12:38:05 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: ForYourChildren

>BNEF says a “further $5.3 trillion investment in 3.9 [terawatts] of zero-carbon capacity would be consistent with keeping the planet on a 2-degrees-C trajectory,

about 1.74 x 10e17 watts strikes the earth. (ie: 174,000,000,000,000,000, or 174 quadrillion watts). If there are no clouds in the way, then one square meter of the earth will receive about one kilowatt of that energy.

So grab a meter of that for each sucker and blow the sunshine up their butts.


29 posted on 06/15/2017 12:40:51 PM PDT by soycd
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To: ForYourChildren

Sim Ting Wong here. Sum Buddy Gettin Rich.


30 posted on 06/15/2017 12:41:37 PM PDT by Yaelle
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To: Pollster1

Yeah. If this were a crowdfunder, what would each man, woman, child (and other) get for their $2k donation?? I might pony up if they give me Maximum 78 degree F summers.


31 posted on 06/15/2017 12:43:56 PM PDT by Yaelle
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To: ForYourChildren

“$12.7 trillion to keep projected global warming below 2 degrees Celsius”

Heck, give me the spreadsheet a 20 minutes and I will get the ‘projected’ temp down 2 degrees for only 8 trillion. In cash.


32 posted on 06/15/2017 12:52:45 PM PDT by TalonDJ
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To: ForYourChildren

Tell me it’s really not about the money....that it’s for the children...


33 posted on 06/15/2017 12:55:06 PM PDT by Sacajaweau
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To: ForYourChildren

What do we get for 12.7 trillion? Several hundredths of a degree reduced temperature. In other words, NOTHING! Trump was right to cancel this idiotic deal.


34 posted on 06/15/2017 12:59:13 PM PDT by beethovenfan (I always try to maximize my carbon footprint.)
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To: henkster
Here you go...paid up for almost 4 years.


35 posted on 06/15/2017 1:08:08 PM PDT by Stand Watch Listen
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To: ForYourChildren

There are few greater folly’s than demanding the climate be static.


36 posted on 06/15/2017 1:08:38 PM PDT by rxsid (HOW CAN A NATURAL BORN CITIZEN'S STATUS BE "GOVERNED" BY GREAT BRITAIN? - Leo Donofrio (2009))
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To: marron
I want to be one of the brokers putting these deals together, that’s what I want. It will be like owning your own money machine

Sorry...all the now unemployed Obamacare Navigators are re-assigned as Carbon Credit Facilitators..starting at $48 an hour....


37 posted on 06/15/2017 1:41:25 PM PDT by spokeshave (In the Thatch Weave,..Trump's Wing Man is Truth)
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To: ColdOne

Me,me, oh let it be me, it’s my turn


38 posted on 06/15/2017 2:13:27 PM PDT by Keyhopper (Indians had bad immigration laws)
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To: Pilgrim's Progress

Inform Blomberg his bill has arrived, minimum payment due 12.7


39 posted on 06/15/2017 2:15:03 PM PDT by Keyhopper (Indians had bad immigration laws)
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To: Pollster1

If they want it, be my guest, they can send as much as they want


40 posted on 06/15/2017 2:19:09 PM PDT by Keyhopper (Indians had bad immigration laws)
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