REPORT: $12.7 Trillion Needed To Meet Paris Climate Accord’s Goal

[rangerrebew]

REPORT: $12.7 Trillion Needed To Meet Paris Climate Accord’s Goal

Posted By Michael Bastasch On 9:29 AM 06/15/2017 In | No Comments

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.
 

Article printed from The Daily Caller: http://dailycaller.com

URL to article: http://dailycaller.com/2017/06/15/report-only-12-7-trillion-needed-to-meet-paris-climate-accords-goal/

[Joe Wooten]

Of which $12.5 trillion will be spent by the government bureaucracies on themselves and their Swiss/Panamanian/Bermudan bank accounts......