Statistician: UN climate treaty will cost $100 trillion – To Have No Impact – Postpone warming by less than four years by 2100
Danish statistician Dr. Bjorn Lomborg, the President of the Copenhagen Consensus Center: ‘We will spend at least one hundred trillion dollars in order to reduce the temperature by the end of the century by a grand total of three tenths of one degree…the equivalent of postponing warming by less than four years…Again, that is using the UN’s own climate prediction model.’
‘If the U.S. delivers for the whole century on the President Obama’s very ambitious rhetoric, it would postpone global warming by about eight months at the end of the century.’ ‘But here is the biggest problem: These miniscule benefits do not come free — quite the contrary. The cost of the UN Paris climate pact is likely to run 1 to 2 trillion dollars every year.’
“Using the same prediction model that the UN uses, I found that [Obama’s] power plan will accomplish almost nothing. Even if its cuts to carbon dioxide emissions are fully implemented – not just for the 14 years that the Paris agreement lasts, but for the rest of the century — the EPA’s Clean Power Plan would reduce the temperature increase in 2100 by just -.023 degrees Fahrenheit,” Lomborg explained.
“In the unlikely event that all of these extra cuts also happen, and are adhered to throughout the rest of the century, the combined reduction in temperatures would be 0.057 degrees.