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The cost of global warming in half a century is 0.2-2% of GDP according to the UN Climate Panel (https://archive.ipcc.ch/pdf/assessment-report/ar5/wg2/ar5_wgII_spm_en.pdf …) Spending 16%+ to avoid part of a 2% loss is a bad ideapic.twitter.com/qjbs6ru7F4
But Biden also says he wants to dramatically accelerate green R&D, and that could really help. Economic estimates show each dollar spent could generate $11 of climate benefits. More of the smart policies, please https://joebiden.com/clean-energy/ https://www.cambridge.org/core/books/smart-solutions-to-climate-change/EF9C795276152DA451BA256951220BDF …pic.twitter.com/7Qp6JX0uqe
