IEA: Spending $46 Trillion on Global Emissions a "Bargain"

"We are not predicting the future" with this report, IEA executive director Nobuo Tanaka said, adding that his agency's research instead lays out the consequences of inaction. "Reducing carbon dioxide emissions will require a global effort. While (developed) countries should take the lead, all major economies need to be involved."

"any plan that calls for investing $46 trillion in low-carbon technologies between now and 2050 is too overwhelming to try to comprehend, even to the mathematically inclined. It sounds like just so much Monopoly money because any number with 12 trailing zeros isn't fathomable to most people.

Maybe they should get this guys calculator to figure it out ;-)


My prediction:
In the next two decades the only thing that is going to be harder to find than their "unidentified source" to fill the fossil fuel gap, is $46 trillion