Going Green Will Cost $76 Trillion

Two years ago, U.N. researchers were claiming that it would cost “as much as $600 billion a year over the next decade” to go green. Now, a new U.N. report has more than tripled that number to $1.9 trillion per year for 40 years.

So let's do the math: That works out to a grand total of $76 trillion, over 40 years -- or more than five times the entire Gross Domestic Product of the United States ($14.66 trillion a year). It’s all part of a “technological overhaul” “on the scale of the first industrial revolution” called for in the annual report. Except that the U.N. will apparently control this next industrial revolution.


Make no mistake, much of this has nothing to do with climate.

The press release for the report discusses the need “to achieve a decent living standard for people in developing countries, especially the 1.4 billion still living in extreme poverty, and the additional 2 billion people expected worldwide by 2050.” That sounds more like global redistribution of wealth than worrying about the earth’s thermostat.

http://www.foxnews.com/opinion/2011/07/06/even-un-admits-that-going-green-will-cost-76-trillion/