Thursday, May 23, 2013

Cost to convert to 'green' energy is ~53% of total assets of US

In the dot-chat held by Andy Revkin today, solar panel financier Billy Parish claims the cost to convert the US to a green energy future is $100 Trillion. By way of comparison, the total assets of the United States are $188 trillion. Thus, it would require 53% of the entire assets of the US to convert to 'green' energy, for no benefit to the climate nor control of the weather.

Even if the US converted to green energy, it wouldn't keep the lights on.

1 comment:

  1. Even the alarmists admit cost of US to convert to 80% renewable energy would be 20% of net worth of US households:

    http://thinkprogress.org/climate/2013/06/10/2127651/master-limited-partnerships-mlps-will-bring-more-investment-to-clean-energy/

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