{"id":15590,"date":"2021-04-03T10:49:49","date_gmt":"2021-04-03T17:49:49","guid":{"rendered":"https:\/\/rustybolt.info\/wordpress\/?p=15590"},"modified":"2021-04-03T11:19:10","modified_gmt":"2021-04-03T18:19:10","slug":"2021-04-03-getting-to-net-zero-cost-50-trillion","status":"publish","type":"post","link":"https:\/\/rustybolt.info\/wordpress\/?p=15590","title":{"rendered":"2021-04-03 Getting To Net Zero Cost $50 Trillion"},"content":{"rendered":"<p>Will we ever get there?  We must get the government to intervene.<\/p>\n<p>Quote from Guardian article &#8211; link below<br \/>\n&lt;&lt; Under the current system the costs, says Fancy, are simply too high and the benefits of conducting business as usual are too great. A 2019<span> <\/span><a href=\"https:\/\/www.morganstanley.com\/ideas\/investing-in-decarbonization#:~:text=Although%20getting%20there%20won%27t,costs%20to%20decarbonize%20are%20substantial.\">Morgan Stanley study<\/a><span> <\/span>found that getting to net zero by 2050 will cost $50tn.<\/p>\n<p>\u201cThe reality is that their incentives are very short-term,\u201d he said. \u201cMy concern is that when it comes to climate change, it\u2019s actually expensive. It\u2019s like saying when it comes for Covid-19 that\u2019s a crisis and an opportunity. Well yeah, it\u2019s an opportunity for Zoom, it\u2019s not an opportunity for society.\u201d &gt;&gt;<\/p>\n<p><a href=\"https:\/\/www.theguardian.com\/business\/2021\/mar\/30\/tariq-fancy-environmentally-friendly-green-investing\">https:\/\/www.theguardian.com\/business\/2021\/mar\/30\/tariq-fancy-environmentally-friendly-green-investing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will we ever get there? We must get the government to intervene. Quote from Guardian article &#8211; link below &lt;&lt; Under the current system the costs, says Fancy, are simply too high and the benefits of conducting business as usual are too great. A 2019 Morgan Stanley study found that getting to net zero by<a href=\"https:\/\/rustybolt.info\/wordpress\/?p=15590\"> <\/p>\n<p> (Read More&#8230;)<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[720,466],"tags":[944,943],"class_list":["post-15590","post","type-post","status-publish","format-standard","hentry","category-business","category-climate-change","tag-50-trillion","tag-net-zero"],"_links":{"self":[{"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/15590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15590"}],"version-history":[{"count":4,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/15590\/revisions"}],"predecessor-version":[{"id":15594,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/15590\/revisions\/15594"}],"wp:attachment":[{"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}