This comment was so good I wanted it up front and out there. So direct from Texas…
In America and around the globe governments have created a multi-billion dollar Climate Change Industrial Complex. A lot of people are getting really, really rich off of the climate change industry.
How big is the Climate Change Industrial Complex today? Surprisingly, no one seems to be keeping track of all the channels of funding. A few years ago Forbes magazine went through the federal budget and estimated about $150 billion in spending on climate change and green energy subsidies during Obuma’s first term.
That didn’t include the tax subsidies that provide a 30 percent tax credit for wind and solar power — so add to those numbers about $8 billion to $10 billion a year. Then add billions more in costs attributable to the 29 states with renewable energy mandates that require utilities to buy expensive “green” energy.
Worldwide the numbers are gargantuan. Around five years ago, a leftist group called the Climate Policy Initiative issued a study which found that “Global investment in climate change” reached $359 billion that year. Then to give you a sense of how money-hungry these planet-saviors are, the CPI moaned that this spending “falls far short of what’s needed” a number estimated at $5 trillion.
For $5 trillion we could feed everyone on the planet, end malaria, and provide clean water and reliable electricity to every remote village in Africa. And we would probably have enough money left over to find a cure for cancer and Alzheimers.