GayandRight

My name is Fred and I am a gay conservative living in Ottawa. This blog supports limited government, the right of the State of Israel to live in peace and security, and tries to expose the threat to us all from cultural relativism, post-modernism, and radical Islam. I am also the founder of the Free Thinking Film Society in Ottawa (www.freethinkingfilms.com)

Friday, November 20, 2009

Global warming may cost Germany 310 billion Euros...

This is the cost of fighting global warming...
Germany's ambitious plans to fight climate change will cost Europe's largest economy €310 billion, Manager Magazin reported on Friday.

Berlin wants to set targets at the United Nations conference in Copenhagen this December to reduce fossil fuel emissions from their 1990 level by 40 percent before 2020, the magazine reported.

But a study conducted by business consultancy Deloitte for the magazine’s latest issue found that German industries will have to pony up large sums of cash to comply.

The construction industry will be hardest hit by compulsory cuts in greenhouse gasses in the coming years, having to invest some €150 billion to renovate buildings for energy efficiency, the study said. But rent regulations and the results of the financial crisis will prove to be sizeable hurdles in finishing the job, according to the magazine.

Meanwhile the transportation, logistics and energy sectors will have to make the most structural changes to achieve higher energy efficiency – after already significantly reducing their consumption in recent years, the study found.

They will not only have to implement new technology and use new energy sources, but also fundamentally change their business practices much more quickly than previous adjustments, the magazine said.
And, after spending all this money, what do Germany get? Well, basically nothing. They won't affect the climate, their economy won't be more competitive.....

2 Comments:

Blogger Justin Hoffer said...

Even after the hacking of that climate center has brought out more proof that AGW is nothing but a scam, this continues. Its just sad.

12:26 PM  
Blogger kursk said...

310 billion Euros based on Leftist lies.

5:05 PM  

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