Statistician: UN climate treaty will cost $100 trillion – To Have No Impact – Postpone warming by less than four years by 2100

Danish statistician Dr. Bjorn Lomborg, the President of the Copenhagen Consensus Center, has come out denouncing the UN climate Paris agreement as a massive waste of money that will do nothing to impact climate change. In a January 16, 2017 Prager U video titled, “The Paris Climate Agreement Won’t Change the Climate,” Lomborg explains that “the agreement will cost a fortune, but do little to reduce global warming.” (Full transcript here)

‘Exactly how much will this treaty reduce global temperatures?’
‘The UN agreement will cost a fortune, but do little to reduce global warming.’

Lomborg ridiculed the UN Paris agreement supporters as making “grand pronouncements and vague specifics.”

Lomborg first took his analytical skills to take apart President Obama’s EPA climate regulations done through executive order.

“Using the same prediction model that the UN uses, I found that [Obama’s] power plan will accomplish almost nothing. Even if its cuts to carbon dioxide emissions are fully implemented – not just for the 14 years that the Paris agreement lasts, but for the rest of the century — the EPA’s Clean Power Plan would reduce the temperature increase in 2100 by just -.023 degrees Fahrenheit,” Lomborg explained.

“In the unlikely event that all of these extra cuts also happen, and are adhered to throughout the rest of the century, the combined reduction in temperatures would be 0.057 degrees. To put it another way, if the U.S. delivers for the whole century on the President Obama’s very ambitious rhetoric, it would postpone global warming by about eight months at the end of the century,” Lomborg said.

Lomborg continued, aiming his analysis at the much touted UN paris climate agreement.

“Now, let’s add in the rest of the world’s Paris promises. If we generously assume that the promised carbon cuts for 2030 are not only met — which itself would be a UN first — but sustained throughout the rest of the century, temperatures in 2100 would drop 0.3 degrees — the equivalent of postponing warming by less than four years. Again, that is using the UN’s own climate prediction model,” Lomborg said.

He continued: “But here is the biggest problem: These miniscule benefits do not come free — quite the contrary. The cost of the UN Paris climate pact is likely to run 1 to 2 trillion dollars every year, based on estimates produced by the Stanford Energy Modeling Forum and …

Watch: Bjorn Lomborg dampens climate alarmism: ‘Much of the data is actually more encouraging than expected’

The alarming thing about climate alarmism

The narrative that the world’s climate is changing from bad to worse is unhelpful alarmism that prevents us from focusing on smart solutions.

Over the past 20 years, well-meaning environmentalists have ramped up the rhetoric and focused only on the bad news to make sure the public understands the importance of climate change. But this approach has distorted our climate conversation, as Bjorn Lomborg explains in his latest video for PragerU.

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Also see Lomborg here:

Zeroing in from 169 to 19 targets

Bjorn Lomborg discussed with Wall Street Journal‘s Mary Kissel the importance of being smart about spending. Focusing first on the development targets where we can achieve the most could do the same as doubling or quadrupling the aid budget. If we could spend the next 15 years’ development budget ($2.5 trillion) in the best possible way, we could do $62.5 trillion more good.

Bjorn Lomborg on Earth Day: ‘In wealthy countries, most environmental indicators are getting better. We have cleaner air and cleaner water, and we suffer fewer environmental risks’

Excerpts from Lomborg:

it was ultimately the shale gas revolution thatcurtailed U.S. carbon dioxide emissions.

Fracking has caused a dramatic transition to natural gas, a fuel that emits 45% less carbon dioxide than burning coal. Data from the U.S. Energy Information Administration showed that in 2012, carbon dioxide emissions was 12% lower than the peak in 2007. The shift from coal to natural gas is alone responsible for a reduction of between 8%-9% of the entire U.S. CO2 emissions. In fact, it amounts to twice the reduction that the rest of the world has achieved over the past 20 years.

German taxpayers have poured $130 billion into subsidizing solar panels, but ultimately by the end of the century, this will postpone global warming by a trivial 37 hours. The electric car is even less efficient. Its production consumes a vast amount of fossil fuels, and mostly it utilizes fossil fuel electricityto be recharged. Even if the U.S. did reach the lofty goal of 1 million electric cars by 2015 — costing taxpayers more than $7.5 billion — global warming would be postponed by only 60 minutes.

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