The article reports:
The United Nations Paris agreement to stop dangerous global warming could cost $12.1 trillion over the next 25 years, according to calculations performed by environmental activists.
“The required expenditure averages about $484 billion a year over the period,”calculated Bloomberg New Energy Finance with the assistance of the environmentalist nonprofit Ceres.
The article goes on to explain:
Despite relatively high levels of taxpayer support, in 2014 solar and wind power accounted for only 0.4 and 4.4 percent of electricity generated in the U.S., respectively, according to the Energy Information Administration.
Ironically, solar and wind power have not done much to reduce America’s carbon dioxide emissions. Studies show solar power is responsible for one percent of the decline in U.S. carbon-dioxide emissions, while natural gas is responsible for almost 20 percent. For every ton of carbon dioxide cut by solar power, hydraulic fracturing for natural gas cut 13 tons.
It might be common sense to forget about solar and wind until the technology improves and focus on fracking since that is already getting results.
Meanwhile, in its weekly energy summary, wattsupwiththat reports:
One of the most dramatic statements made by the IPCC appeared in its Fourth Assessment Report (AR-4, 2007) which claimed the glaciers in the Himalaya Mountains will disappear by 2035, depriving hundreds of millions of people their primary source of water, the rivers the run off the Himalayas and the Tibetan Plateau.
Alarmed, the government of India, Ministry of Environment and Forests had its glacial expert, Mr. V.K. Raina, Executive Director General of the Geological Survey of India (GSI) prepare a report based on decades of on-the-ground observations. Fear of the possible melting of the glaciers has been expressed for about 100 years resulting in scientific efforts to recognize and examine the fluctuations at the front-snout of glaciers, starting in the early part of the 20th century, although some studies go back 150 years.
Overall, there is a net decrease in mass balance in the 20th century, though some glaciers are increasing in mass balance. This net decrease in mass balance is within the boundaries of prior interglacial warm periods over the last two million years, the period identified as the Pleistocene (major ice age). According to the report, some glaciologists believe that there may have been as many as 21 glacial cycles during this period.
In short, the net decrease in mass balance appears to be part of a natural cycle, not human caused global warming. Of course, the advance and retreat of Himalayan glaciers need to be monitored, but there is no indication that they will vanish by 2035.
There is no reason for so-called climate experts to take control of the world’s economy in the name of protecting us from global warming. The planet goes through cycles. The planet has always gone through cycles. We are now able to measure and track those cycles. If the numbers were not tampered with, we would find out that the world is not coming to an end due to global warming. As usual, follow the money. If you have not followed the escapades of the global warming people from the beginning, I suggest you begin your research at wattsupwiththat. That is one of the most reliable sources of climate information on the internet.