Sunday, November 26, 2017

Climate Tricks 63, The search for huge climate money in COP 23

Many if not all politicians and "planet saviours" from developed countries during the UN COP meeting in 2009 or so were dishonest when they pledged that their countries will give $100B/year to developing countries starting 2020. Now the latter are asking, "where's our money? Oodles of money?" And they demand further this week, "More money on top of $100B/year."

"In 2013, the World Economic Forum estimated US$5.7 trillion will be needed annually by 2020 for green infrastructure. The report suggests that public funds would need to increase to US$130 billion, an increase over the Green Climate Fund target of US$100 billion, to leverage US$570 billion of private capital."

No wonder Al Gore, the UN, WWF, etc. are so passionate to "save the planet". $100B/year is not enough, $5.7 trillion/year is the high target.

"needed to achieve the United Nations Sustainable Development Goals (SDGs): an additional $1 trillion annually in clean energy investments to limit global warming to below 2 degrees..."  
$100B/year or $1 trillion/year or $5.7 trillion/year....


See also:
Climate Tricks 60, Alarmism by the socialists and global ecological central planners, January 28, 2017 
Climate Tricks 61, Hysteria and tantrums over Trump's withrawal from Paris Agreement, June 02, 2017 

Climate Tricks 62, Climate religionism of Arcy Garcia, July 02, 2017.

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