Harris-Biden Treasury Sec. Janet Yellen says their “transition to a lower carbon global economy” will “require no less than $3 trillion” each year

by
Sharing is Caring!

This idiot wants $78 Trillion to fight the weather.

U.S. Treasury Secretary Janet Yellen said during a speech in Belem, Brazil, on Saturday that the price tag for a global transition to a low-carbon economy amounts to $78 trillion in financing through 2050.

Yellen said that in order to achieve the goal of net-zero global carbon emissions, there would need to be $3 trillion globally in annual financing for the cause, which she said is a top priority for the Biden administration, according to the speech. In order to contribute to this, Yellen vowed to finance green initiatives in developing countries through multilateral development banks and develop “clean energy technologies.”

See also  The EU economy is in freefall, with Germany, France, Italy, and Spain grappling with severe crises.
See also  New housing inventory hits highest since 2008, but demand is for existing homes. Buyers lack funds to qualify. Homeowners skip meals to pay mortgages!

https://dailycaller.com/2024/07/27/janet-yellen-78-trillion-climate-change/