Just This Bit Will Cost Trillions
[via U.N. Reports on Developing Nations’ Energy Needs by Neil MacFarquahar]
“It will cost between $500 billion and $600 billion every year for the next 10 years to allow developing nations to grow using renewable energy resources, instead of relying on dirty fuels that worsen global warming, according to a United Nations report released Tuesday.
That astronomical estimate, far higher than any previously suggested by the United Nations, comes at a time when developed and developing nations are still deeply divided over who bears the responsibility for shouldering the expense of deploying cleaner energy resources, much less what the actual amount might be. “
It may require literally everything we have to save the planet, but it is unlikely that we will be able to concentrate the world’s attention on the urgency involved. How can we marshal the necessary will and commitment when we can’t get health insurance reform, or see the idiocy of fighting land wars in Asia?
