Climate Change / Global Warming & Investing Implications

[MinnieM]

Bjorn Lomborg | Don't waste trillions on BAD Climate Policy
https://www.youtube.com/watch?v=otsJno55J0g

Global warming is a problem that we should tackle... smartly. But climate change will not mark the end of the world. The UN’s best estimate of the costs of unmitigated global warming by the end of the century is about 4% of global GDP. This is a problem, not an emergency. In our eagerness to enact climate policies, we could easily end up making the world worse off -- even if we tackle climate smartly, the policies could end up costing as much as 16% of global GDP or more.

With a sense of proportion, Dr Lomborg presents a coherent argument on how to tackle climate smartly. Crucially, for most of the world's 7.5 billion people, climate change comes far down the list of priorities when faced with infant mortality from easily curable diseases and malnutrition, suffering from poor education and low energy access.

Bjorn Lomborg is president of the Copenhagen Consensus Centre and author of The Skeptical Environmentalist, Cool It and How to Spend $75 Billion to Make the World a Better Place.

Our workers are losing jobs and national security is being put at risk.

All to satisfy the false fantasy of those pushing the Green New Deal, most of which has zero to do with climate change.


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This isn't smart technology that will solve our problems in a truly green way.

'ABC forgets' documentary which ‘absolutely skewers the renewable energy industry’
https://www.youtube.com/watch?v=_fQZfFy9cFs

Yet, millions are losing their jobs with the stroke of a pen via multiple Executive Orders since Jan 20, 2021 killing projects in many states. And, for what? No green jobs are anywhere to be seen on a large scale. Not that are truly green.

The current round of job cuts doesn't seem to be done smartly.

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Icy weather chills Texas wind energy as deep freeze grips much of U.S.

A recent example of flawed wind-power:

https://www.reuters.com/article/us-usa-weather-idUSKBN2AF066

(Reuters) - Ice storms knocked out nearly half the wind-power generating capacity of Texas on Sunday as a rare deep freeze across the state locked up turbine towers while driving electricity demand to record levels, the state’s grid operator reported.