Al Gore has put a price tag on ending global warming and it is enormous. According to Constitution a group of executives calling themselves the Energy Transition Commission (ETC) want some countries (think USA) to spend up to $600B per year for 20 years on this imaginary problem. They say that an additional $300B to $600B per year does not pose a major macroeconomic challenge to meet the goals of the Paris agreement. Continue reading “Global Warming: Gore’s Huge Cost Estimate – Kill this Plan in its Cradle”
Anti-fossil fuel SCC relies on garbage models, ignores carbon benefits and hurts the poor
“If you could pick just one thing to reduce poverty, by far you would pick energy,” Bill Gates has said. “Access to energy is absolutely fundamental in the struggle against poverty,” World Bank VP Rachel Kyte and Nobel Prize Laureate Dr. Amartya Sen agree.