Hot News, World

Al Gore’s New Group Demands $15 Trillion To Fight Global Warming

4 15

READ ORIGINAL STORY HERE

$300-$600 billion a year?  $15 trillion total?  So what have the folks on this Energy Transitions Commission (ETC) been smoking?  Oh wait, I just answered my own questions…Al Gore is on the Commission!  What will his cut be as he flies to their meetings on his private jet spewing carbon emissions all over the atmosphere?  And all in the name of questionable science and questionable data.

Come on Don!  Get us out of the Paris Agreement!  We have more important things to do with our money right now!  Feeding Africa and this agreement are not two of them!

_________________

A group of executives who want to fight global warming has published a new report calling for countries to spend up to $600 billion a year over the next two decades to boost green energy deployment and energy efficiency equipment.

The Energy Transitions Commission’s (ETC) report claims “additional investments of around $300-$600 billion per annum do not pose a major macroeconomic challenge,” which they say will help the world meet the goals laid out in the Paris agreement.

ETC is made up of energy executives, activist leaders and investment bankers, including former Vice President Al Gore, who would no doubt get a piece of the trillions of dollars they are calling for.

ETC’s goal is to “accelerate change towards low-carbon energy systems that enable robust economic development” and limit global warming. ETC’s report comes out as the Trump administration considers whether or not to stay party to the Paris agreement, which went into effect in 2016.

Trump has ordered Obama-era policies meant to comply with the Paris agreement be rolled back, but the White House is mulling whether or not to pull out of the agreement altogether. European countries and energy companies have been pressuring the White House to stay party to Paris.

Royal Dutch Shell, for example, aided the pro-Paris faction of the Trump administration by publicly supporting continued U.S. participation in the United Nations deal. Shell is a major producer of natural gas, which the company bills as a way to fight global warming.

Shell funds ETC, and the group’s report mainly targets emissions from coal use. ETC calls for “a rapid decrease in unabated coal consumption, a peak of oil in the 2020s and a continued role for gas provided methane leakages are reduced significantly.”

ETC says global carbon dioxide emissions need to be cut from 36 gigatons to 20 gigatons by 2040, and the world needs “net zero” emissions after 2050 to keep global temperatures from hitting 2 degrees Celsius by 2100.

To meet that goal ETC claims the world needs “investment in renewables and other low-carbon technologies some $6 trillion higher ($300 billion per year); while the largest required increases – of almost $9 trillion ($450 billion per year) – will be in more efficient energy saving equipment and buildings.”

That’s a $15 trillion price tag to theoretically limit future global warming.

ETC says fossil fuel investment would need to be cut $3.7 trillion over this time, and that’s on top of fundamentally altering their economic systems to make green energy cost-competitive with fossil fuels in some parts of the world by 2035.

The group says an “explicit, predictably rising, forward price curve for carbon, resulting from policy, reaching approximately $50 per tonne in the 2020s and rising to around $100 per tonne in the 2030s – is essential to drive decarbonization beyond power, to reinforce regulatory-driven improvements in energy productivity and to prevent falling fossil fuels prices from undermining the pace of the energy transition.”

READ ORIGINAL STORY HERE

About the author / 

Boss

4 Comments

  1. uniwersity of barsoom at helium grad April 26, 2017 at 9:30 am -  Reply

    Used to be … DNC Commies got a mile asking for an inch…
    … COMPROMISE!

    NOW… DNC Commies own the Commie Media / Commie Education / Commie Lawyers / Commie Lawyer Judges / Commie HollyWeird / Commie Entertainment / Commie Sports / Commie Medical / Commie Pubic Employee Unions…

    SO-o-o-o-o… WHY not just take it all the first time!!

    Time is fleeting – Commies have to act quickly with their minority views / interest sector ownership… SINCE not a single Commie experiment has yet survived the basic flaw of GOVT being useless in most every thang it touches let alone controls exclusively!!

    We saw Al Gore’s new movie ‘teaser’… robustly lying his ass off again… claiming Tropical Storm Sandy proved GLOBAL WARMING…

    {hint: eight northeastern DNC states have failed miserably to harden for even Tropical Storms the past 100 years?? }

    Just one honest news reporter might reveal how many times the past century that NYC, et al have been warned by ‘best available science’ they were gonna flood their subways IF they didn’t build the retaining wall high enuff on that Hudson??

  2. Old Jim April 26, 2017 at 9:32 am -  Reply

    Best simple proof against Commie AL GORE’s One World Open Borders All Komrades’ Wealth Redistribution to prevent Capitalism worldwide??

    Meteorologist Joe Bastardi opened his free website The Patriot Post… one of his features is comparing CO2 vs. Temps … for the past several million years!!

  3. Angus Rangus April 26, 2017 at 9:49 am -  Reply

    Simple answer…

    PISS OFF !!

  4. Old Jim April 26, 2017 at 7:33 pm -  Reply

    DNC… just the same ole Commie propaganda for past 100 years!!

    Take most any HollyWeird movie plot for comparison … we just watched Going In Style… you DNC Commie enclave of Michael Caine / Alan Arkin / Morgan Freeman, etc.:

    1. Centered on 3 ‘retirees’ worked over 30 years each for a steel fabricator division…
    …they just stopped getting their pension check… getting Foreclosure notices, etc. from the nasty CORNER Bank…
    … Ownership held a meeting in the street to shout out they had shuttered the firm / sold to a foreign company / and FROZEN THEIR PENSION – ie ZERO BENEFITS.

    OK… so the FIRST CENTRAL LIE… ignores ERISA ’74… and its Pension Benefit Guaranty Corp – PBGC… that assures all American employees with qualified pension plans SHALL get the majority of their normal pensions – without missing a single check!

    2. LOTS OF OTHER LIES… they claimed their pensions were $45,000 each… their over 30 years work and approaching 80 years old means that would have required an average salary of over $90,000 during the period 1970 to 2005 or so… HARDLY??

    3. They put down their SS as “nothing much”… BUT, with those Base Maximum earnings driving those HUGE private pensions… they’d be getting at least $30,000 or higher !!

    4. THEN, they got the ‘sad’ GNU’s that corrupt CORNER Bank had liquidated their “old pension funds” and they’d be getting nothing… BUT, PBGC takes over ALL Pension Assets in reality – to use as recoupment for their insured pension benefits provided.

    5. THEN, when they robbed that CORNER Bank… just to get back what they’d need to replace their retirement funds of $1.5 MN… they actually got more than $2 MN… NONE of the automajic dye paks were used in the “Teller Cash Only”… which on most days at most banks might not be over $10,000 in actuality!

    Of course , during all thes LIES – it’s JUST A MOVIE AFTER ALL – they threw in gratis how incompetent our FBI / LEO / Local Police all are …
    … AND its OK since its “just insurance money after all”… when of course that cash is taxpayer FDIC ‘insured’ !

    JUST A MOVIE… why not simply stick close enuff to the truth then … that few of the Commie Propaganda litmus issues are expounded to all who watch this stuff??

    PS… NO, None of us will likely point out much of this crapola of AL GORE’s GNU Commie Prop on “TRUTH TO POWER”…
    … we refuse to pay our own $$ to spread their BULLSHAT LIES!!

Leave a reply

Your email address will not be published. Required fields are marked *

Latest Comments

Who's Online

7 visitors online now
1 guests, 6 bots, 0 members

Archives