Bloomberg claims that it will cost $200 trillion to save the planet from climate change by 2050. So let’s do some math- $200 trillion in 27 years equals $7.4 trillion per year. The GDP of the entire planet- the sum of all goods and services produced worldwide- is $45 trillion. This would mean that 16% of the entire world’s production would have to be diverted to combating climate change. At only 3% inflation, that cost would balloon to $16.5 trillion per year by 2045.
Medicine, food production, transportation, manufacturing, energy, sanitation, one sixth of everything that everyone on the planet does, would need to be diverted to this goal of avoiding climate change.
It is physically and fiscally impossible.
4 Comments
It's just Boris · July 10, 2023 at 7:20 am
And that doesn’t even get into how the cost would be distributed around the globe.
Jonesy · July 10, 2023 at 9:42 am
Climate change – your money CHANGES hands from you to the government. You get poorer, other people get richer.
The weather stays the same.
EN2 SS · July 10, 2023 at 10:04 am
I can’t recall cost ever stopping the leftists agenda.
Power and Control · July 10, 2023 at 12:07 pm
All the money in the world is around $90 trillion.
Printing press stonks only go up until CBDC and kindler gentler 15 minute concentration camp cities.
It’s for the good of the hive and we’re all in this together, comrade.
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