NewEnergyNews: COST OF NO CLIMATE: $44 TRILLION – CITIBANK

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YESTERDAY

THINGS-TO-THINK-ABOUT THURSDAY, November 16:

  • TTTA Thursday-Big Thumbs Up For Gore’s ‘Inconvenient Sequel’
  • TTTA Thursday- Trends In Global New Energy Through 2040
  • TTTA Thursday-How Wind Energy Learned To Be Better
  • TTTA Thursday-The Secret To See-Through Solar
  • THE DAY BEFORE

  • ORIGINAL REPORTING: Does New Energy threaten power reliability?
  • ORIGINAL REPORTING: How the Colorado decoupling proposal united Xcel and distributed energy advocates
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  • TODAY’S STUDY: How Distributed Solar Is Cutting Aussie’s Power Costs
  • QUICK NEWS, November 14: Green Roofs To Fight Climate Change; Solar Tariffs Threaten National Security; Unions Back Great Lakes Wind
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: U.S. Solar Is Growing Diversity With Power
  • QUICK NEWS, November 13: Sponge Cities Can Help The Climate Fight; Surf’s Down – Wave Power Travails; Powering Homes With Car Batteries
  • THE LAST DAY UP HERE

  • Weekend Video: The Military Wants New Energy
  • Weekend Video: Humans Do It – Federal Study
  • Weekend Video: Why Bait Wind Turbines?
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    Founding Editor Herman K. Trabish

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  • FRIDAY WORLD, November 17:

  • Three Top Takeaways From The Bonn Climate Summit
  • Seven Global New Energy Trends
  • World’s First Floating Wind Project Goes Online
  • VW Commits $11.8BIL EV Spend In China

    Thursday, August 27, 2015

    COST OF NO CLIMATE: $44 TRILLION – CITIBANK

    Cost of not acting on climate change $44 trillion: Citi

    Anmar Frangoul, 18 August 2015 (CNBC)

    “Up to $44 trillion could be going up in smoke if the world does not act on climate change, according to [ Energy Darwinism II: Why a Low Carbon Future Doesn't Have to Cost the Earth from CitiGroup, which forecasts] that spending on energy will hit around $200 trillion in the next 25 years…The study then examines two scenarios: one that Citi describe as an 'inaction'…and another that looks at what could happen if a low carbon, ‘different energy mix’ is pursued…[The central case in the report is that the costs in terms of lost (gross domestic product) GDP from not acting on climate change can be $44 trillion dollars by the time we get to 2060…[The report authors see December's crucial United Nations COP21 meeting in Paris] as hugely significant, with the aim of reaching an agreement to keep global warming below two degrees centigrade…[because] all of the players are arriving with positively aligned intentions, including the big emitters: the US and China...” click here for more

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