The Cost Of Global Warming? $515 Billion. Per Year
Time to pony up, True Believers. If you want it, you need to buy it
Clean energy investments of $515 billion per year is needed between now and 2030 or carbon emissions will reach levels deemed unsustainable by scientists. That is at least the conclusion participants in the World Economic Forum in Davos, Switzerland make. Calling for global cooperation representatives and members of the World Economic Forum, Friday, issued a statement warning against complacency in the UN climate talks and urging the link of economy and climate agendas in 2009.
“Enormous investment in energy infrastructure is required to address the twin threats of energy insecurity and climate change”, said Max von Bismarck and Anuradha Gurung from the World Economic Forum, authors of the report Green Investing: Towards a Clean Energy Infrastructure. “In the light of the global financial crisis, it is crucial that every dollar is made to multitask to create a sustainable low-carbon economy”.
Hey, I am all for expanding alternative and clean energy sources, if they are cost effective, sustainable, and usable (and actually work,) but, this is ridiculous.
I’d like to know how they come up with a CO2 level that is “unsustainable.” There have been many times in the Earth’s history where CO2 has been much higher. During the Cretaceous and Jurassic periods Co2 levels were 4 to 5 times higher than they are today. Periods farther back have been upwards of twenty times higher.
Scam.
Email This
Posted by William Teach on January 31, 2009 9:57 am
» Filed Under Energy, Global Warming, News
Trackback URL:
- Saturday Afternoon - Watching The Ice Melt - Laundry Time , An Ol’ Broad’s Ramblings pinged this post.
