
The $9tn question: how to pay for the green transition | The bill for meeting climate goals will be immense. Governments worldwide are trying to figure out how to foot it
https://www.ft.com/content/6873d96e-3e40-45c6-9d84-8ce27b7b23e1?accessToken=zwAAAY9PLAefkc9oc9luPkBFxtOdhIzie3sj4Q.MEYCIQD5g4GmfUTH3MkRHyEFbHF3_-bp1yRLjtXRxHpqb_l_KQIhAP3M5Wm-xKzrxHy_JtK6XDyhQ6JYu_vEh3bu1LEZofIL&segmentId=e95a9ae7-622c-6235-5f87-51e412b47e97&shareType=enterprise
by silence7
6 comments
This is mitigation and they’re not talking about the cost if they DON’T go green.
FFS.
Stupid people are in charge. They are willing to pay 20 times the cost down the road vs spending the pittance now. It’s like poor people doing rent to own.
It is not going to happen.
The ruling class pretended to care about climate crisis for a few years and now they have pretty much stopped pretending.
We are going over the cliff.
Pretty sure the solution is the poor and middle class
Actually tax billionaires, millionaires and companies, we’ll have a surplus by year 3.
Every goddamn cent should be covered by oil/gas industries, if not they go to prison. Of course, that’s never going to happen, but it’s a lovely dream
Renewable energy is cheaper than anything with a feedstock and slapping solar panels everywhere is how economies get abundant energy. With panels you can make water, you can achieve many of the planned renewable goals. Deciding to put a couple billion every year to solar energy is going to pay off sooner rather than later.