We're an island nation. We're going to be paying through the nose to manage 1.5 degrees of heating. Entire villages and towns are going to be written off as too expensive to protect.That pretty much sums it up. The chief of the UN was in australia recently and said that the will to tackle climate change is fading.
Economies will suffer tackling climate change head on. Like a tyson hit.
The remoaners are happy to see economies suffer across the globe tackling climate change but moan that leaving the eu will cause ours to suffer.
The cost to reduce our emissions to zero is going to be less than we're already on the hook for. It's also going to be far less than the costs for adapting to 2 degrees of warming.
So, either our economy is going to tank because the damage climate change is going to do will bankrupt us, or it won't. The cost to go renewable is smaller, I'm not worried about that.
To give you a sense of scale, the money spent world wide on renewables in 2019 was around $300 billion. The us spends about $750 billion on defence. We spend about $150 on the NHS or about $250 billion on pensions.
When you're talking about national budgets this is big, but not huge.