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IEA: Decarbonising the economy will save $71 trillion by 2050
Responding To Climate Change ^ | 5-12-2014 | Sophie Yeo

Posted on 05/12/2014 4:31:14 PM PDT by rottndog

Replacing fossil fuels with renewables as the world’s primary source of energy will not only save the planet from dangerous levels of warming – it will also save the global economy US$ 71trillion by 2050.

This is the finding of a report, Energy Technology Perspectives 2014, released today by the International Energy Agency, which looks at the direction of the energy sector over the next 40 years.

The changes needed to keep the world within 2C of warming— a widely agreed target in efforts to tackle climate change – will benefit the global economy, confirms the report, although a “coordinated policy approach” will be required to unlock these savings.

“The USD 44 trillion additional investment needed to decarbonise the energy system in line with the 2DS [2C scenario] by 2050 is more than offset by over USD 115 trillion in fuel savings – resulting in net savings of USD 71 trillion,” its says.

The findings support those who say that it is possible to decouple economic growth from emissions—something the EU has strongly advocated as it has increased its wealth while at the same time remaining on track to reduce its emissions by 20% by 2020. In China, meanwhile, emissions have rocketed in order to sustain economic growth of around 10% a year.

Energy

The future of the energy system will depend upon the price of renewables, energy efficiency, carbon capture and storage (CCS) technology and new climate policies, the report forecasts.

In a 2C scenario, it predicts that renewable energy will provide around 65% of electricity by 2050, compared to 20% in 2011.....

(Excerpt) Read more at rtcc.org ...


TOPICS: News/Current Events
KEYWORDS: climatechange; climategate; globallwarming; hoax; socialism; weather
Exactly opposite what Obama's DOE just said:

"However, fossil fuels continue to supply almost 80 percent of world energy use through 2040."

INTERNATIONAL ENERGY OUTLOOK 2013

I posted same on the linked site...twice...both were deleted. I wonder why?
1 posted on 05/12/2014 4:31:14 PM PDT by rottndog
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To: rottndog
Carbonizing the economy will save $72 trillion. There.
2 posted on 05/12/2014 4:35:16 PM PDT by Principled (Obama: Unblemished by success.)
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To: rottndog

And I wonder how many TRILLIONS, in reality and honesty, frakking and using our own natural resources here in America, would save the economy? I bet those numbers would be higher and much more factual.


3 posted on 05/12/2014 4:36:39 PM PDT by Lucky9teen (No problem can be solved from the same level of consciousness that created it. ~ Albert Einstein)
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To: rottndog

You betcha. And I’ve discovered the formula to turn lead into gold.


4 posted on 05/12/2014 4:37:47 PM PDT by colorado tanker
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To: rottndog

Save? More like shave.


5 posted on 05/12/2014 4:38:57 PM PDT by Free Vulcan (Vote Republican! You can vote Democrat when you're dead...)
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To: rottndog

I like the way these Capitalism Deniers pull numbers out of their arse.


6 posted on 05/12/2014 4:39:49 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: rottndog

They will be shocked as hell when 30 years from now they find themselves at the bottom of a cyclical solar minimum, and in cold climate up to their tushes.


7 posted on 05/12/2014 4:39:50 PM PDT by Excellence (Marine mom since April 11, 2014)
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To: rottndog

This is insane! These people are insane! But what will silence them?


8 posted on 05/12/2014 4:40:48 PM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: rottndog

The Left has to lie about everything. It’s the only way they can get anybody to go along with them.


9 posted on 05/12/2014 4:40:51 PM PDT by E. Pluribus Unum ("The more numerous the laws, the more corrupt the government." --Tacitus)
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To: rottndog

Yep. And BarryDon’tCare will save you $2,500 a year.

It’s gonna be great!


10 posted on 05/12/2014 4:41:15 PM PDT by MileHi
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To: rottndog

Liberal BS to convince the sheeple to pay higher taxes to the useless eaters in Washington DC to save them from this global warming menace

Like the medieval Catholic church selling indulgences


11 posted on 05/12/2014 4:42:35 PM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: colorado tanker

“You betcha. And I’ve discovered the formula to turn lead into gold.”

Actually, I KNOW how to turn lead into gold! But, here’s the bad news: it will take a rather long time to make an ounce and it will cost approximately the world GDP from the middle ages to the present in electric bills to produce.


12 posted on 05/12/2014 4:43:15 PM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: rottndog

13 posted on 05/12/2014 4:46:14 PM PDT by smoothsailing
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To: rottndog

More like cost us that amount.


14 posted on 05/12/2014 4:49:56 PM PDT by Doomonyou (Let them eat Lead.)
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To: rottndog
It's all about control. Take a commonly available, cheap energy source, and make it scarce and unaffordable, and you can take control of entire nations.

This is how fascists and dictatorships rise to power, and it is happening in the USA as we speak.

15 posted on 05/12/2014 4:55:15 PM PDT by factoryrat (We are the producers, the creators. Grow it, mine it, build it.)
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To: Excellence
"They will be shocked as hell when 30 years from now they find themselves at the bottom of a cyclical solar minimum, and in cold climate up to their tushes."

True, but the solution from them will be the same: "Renewable" energy mandated by government control. the change from catastrophic global warming to catastrophic global cooling will be as fast as the last time they switched the other way around.

16 posted on 05/12/2014 5:09:23 PM PDT by norwaypinesavage (The Stone Age didn’t end because we ran out of stones)
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To: colorado tanker
You betcha. And I’ve discovered the formula to turn lead into gold.

It's not a real big secret. Wrap the lead with some brass, place it in a steel tube and find someone with gold.

17 posted on 05/12/2014 5:23:51 PM PDT by Myrddin
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To: rottndog

Is there a new Holiday or Calendar Event I missed labeled, “LIV Propaganda Day”???


18 posted on 05/12/2014 5:24:52 PM PDT by logi_cal869
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To: rottndog

If this were true then there would be a shift to renewable energy by the private market because of economics. No government evolvement would be necessary.


19 posted on 05/12/2014 5:27:51 PM PDT by Petrosius
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To: colorado tanker
You betcha. And I’ve discovered the formula to turn lead into gold.

So that's why the government shut down all the smelters!

20 posted on 05/12/2014 5:39:39 PM PDT by Mastador1 (I'll take a bad dog over a good politician any day!)
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To: logi_cal869

Every day is LIV Propaganda Day. It gets more outrageous every year.


21 posted on 05/12/2014 5:50:23 PM PDT by Gil4 (And the trees are all kept equal by hatchet, ax and saw)
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To: rottndog

-——The USD 44 trillion additional investment needed to decarbonise the energy system in line with the 2DS [2C scenario] by 2050 is more than offset by over USD 115 trillion in fuel savings – resulting in net savings of USD 71 trillion,” its says.-——

I don’t believe that nonsense for a second....

How can we save 115 trillion dollars when renewables will cost triple what we pay now....

Also they write “trillions” like it’s a buck 50 in pocket change....


22 posted on 05/12/2014 6:03:50 PM PDT by Popman ("Resistance to Tyrants is Obedience to God" - Thomas Jefferson)
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To: Popman

Add to that the fact that ‘renewable energy’ still and cannot in the foreseeable future produce grid energy without fossil fuel backup.


23 posted on 05/12/2014 6:09:01 PM PDT by rottndog ('Live Free Or Die' Ain't just words on a bumber sticker...or a tagline.)
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To: Popman

Pretty soon, at the rate they’re going, a trillion will be about a buck fifty.


24 posted on 05/12/2014 6:20:19 PM PDT by AFreeBird
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To: rottndog

Figured I’d post the same at the ratt (or whatever) site.

It’s in moderation...hehehe.


25 posted on 05/12/2014 6:41:02 PM PDT by moovova
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To: rottndog
This is your friend Cameron Ubuntz from Central Zimbabwee. My great cousin is on his death bed and he has promised me his entire inheritance of 115 Trillion. All we need to do is pay his current hospital bill and then wait for him to die. His hospital bill is only 44 trillion. So you see we are really offering you a free 71 trillion and the chance to celebrate my cousins death. Everyone should be so lucky. Please send the 44 trillion to the following bank account....
26 posted on 05/12/2014 7:27:02 PM PDT by justa-hairyape (The user name is sarcastic. Although at times it may not appear that way.)
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