WRITTEN BY DR. BENNY PEISER, GUEST POST ON MAR 17, 2023. POSTED IN LATEST NEWS
Net Zero Could Cost Americans Over $50 Trillion, New Paper Warns
power transmission linesAn eminent researcher has warned that any attempt to decarbonize the US economy by 2050 is doomed to fail.
Professor Michael Kelly, from the University of Cambridge in the UK, has previously studied the impact of Net Zero projects in the UK and his native New Zealand and has now turned his expertise to the United States. [emphasis, links added]
His headline findings are a stark warning for politicians across the country.
“The cost to 2050 will comfortably exceed $12 trillion for electrification projects and $35 trillion for improving the energy efficiency of buildings.
https://climatechangedispatch.com/net-zero-could-cost-americans-over-50-trillion-new-paper-warns/