Q. How much will it cost to stop catastrophic #climatedisruption?
A. Far less than you probably expect.
If you look at the budgets of oil and gas companies (#dirtyenergy), and look at *just* the amounts allocated to their expansion plans over the next decade (not including the costs of running their current wells, rigs and pipelines, nor the record-profits they are delivering to #billionaire owners, nor the billions they spend on their ongoing #climatedisinformationcampaign), this amount earmarked for unnecessary expansion is larger than the cost required to implement sufficient #renewableenergy (including energy storage) to keep global warming to #+1.5ÂșC.
There is more required than the transition of stationary energy sources, but this is a massive part of the issue, and completely affordable for everyone. The only real drawback is that the current crop of billionaires make less profit. (And a tiny fraction of workers globally employed by oil and gas would need to re-train, but that needs to happen anyway.)
Source: "Navigating Energy Transitions" report from IISD, 2022, discussed in this very insightful video (I've linked to the relevant section, but the whole thing is worth watching): https://youtu.be/pujOh4YaP7s?t=262
#ClimateDisruption #dirtyEnergy #billionaire #climatedisinformationcampaign #renewableenergy