The UN’s plan to limit global warming could cost $122 trillion just for new energy infrastructure. One environmental economist said the UN’s goal is “not feasible.” Scientists have also called into question spending trillions based on flawed climate models.
That’s a price tag of between $51.2 trillion and $122 trillion by 2050 just for energy investments. Environmental economist Richard Tol said, given the high cost, the IPCC’s report is totally unrealistic. “No, 1.5 degrees Celsius is not feasible,” Tol, an economics professor at the University of Sussex, told The Daily Caller News Foundation via email.
But even if the alarmist predictions are true, there's nothing that can plausibly be done at this point to stop it. That's the real message of the annual UN Intergovernmental Panel on Climate Change report. The chart contained in the "Summary for Policymakers" shows projected changes in global temperatures over the next 100 years. It also shows that temperatures will top the supposed 1.5-degree limit by around 2040, even if the world makes drastic reductions in CO2 and other greenhouse gas emissions within the next two decades...The UN's forecasts all assume that the entire world becomes entirely carbon-free by 2055 … at the latest. That's just 37 years from now. It also assumes that the world makes massive reductions in other greenhouse gases, such as methane.
Here's an example of what the UN says would have to happen within the next 12 years to meet that goal. Keep in mind, this is the low end of the UN's proposed changes.
60% of the world's energy would have to come from renewable sources by 2030, and 77% by 2050. (The Department of Energy forecasts that renewables will account for just 27% of the U.S.'s electric power generation by 2050.)
Coal use would have to drop 78%, oil 37%, and natural gas 25% — compared with 2010 levels — within 12 years. (Last year, global coal demand increased, and use of natural gas has massively climbed in the U.S.)
There'd have to be a 59% increase in nuclear power by 2030 and a 150% increase by 2050. (Good luck getting environmentalist to buy into that).
Farmers would have to figure out how to cut methane emissions by 24% by 2030, (and still feed a growing worldwide population).