China's $50 trillion renewable energy plan
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So now we have a hard number on what it would cost to build a global
solar infrastructure—the Chinese are telling the world they will do it
for $50 trillion. Since the Chinese tend to be the low-cost bidders for
this sort of enterprise, we can probably assume this is about as low an
estimate as we are likely to see. My friendly amendment would be that
they are only talking about stationary uses for energy (home heating,
lighting domestic hat water, etc.). It would be damn surprising if
someone has calculated the costs of replacing fossil fuels for ocean
shipping or anything that flies. So let's double that figure and we
have our unofficial blog slogan—serious discussions about cures for
climate change start at $100 trillion. And since any productive
enterprise these days must also support the various corruptions of the
Predator / Parasites, we may have to double that to $200 trillion.