New Study Calls for Broad Climate Fight, Not Just Gas Emission Cuts
International News • May 8, 2008
An assault on climate change on many fronts makes good economic sense but will be money badly spent if the world focuses exclusively on cutting greenhouse gas emissions, a new study said on ...
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Subject: Another way of looking at this
Posted On: May 8, 2008, 4:22 pm CDT
Posted By: lastbat
Comment:
What these guys are coming up with is a 100-year plan costing $800B - that's $8B/year average for those without a calculator.
Or about 2.5 months of the Iraq war if the US were to fund everything the conference is talking about.
When you look at it a 262.5% return on your money is a good day by anyone's standards. And they are talking about such things as economic development, healthcare and the environment.
Granted the industrial countries will pay for much more of this and probably see fewer direct benefits than developing nations, but the indirect benefits will be reaped by all.
And I'm sure there's some money to be made in this for those that simply want to scream "communism!" and reject everything outright. You can't turn $800B into $2.1T without generating some of it in cash.
Subject: Another way of looking at this
Or about 2.5 months of the Iraq war if the US were to fund everything the conference is talking about.
When you look at it a 262.5% return on your money is a good day by anyone's standards. And they are talking about such things as economic development, healthcare and the environment.
Granted the industrial countries will pay for much more of this and probably see fewer direct benefits than developing nations, but the indirect benefits will be reaped by all.
And I'm sure there's some money to be made in this for those that simply want to scream "communism!" and reject everything outright. You can't turn $800B into $2.1T without generating some of it in cash.