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We're on Track for a Warming of 60% of an Ice Age
The cost of extreme weather events has been 0.3% of the GDP globally, even as we've seen one, one and a half degrees of warming. To think that another two degrees is going to suddenly boost that up to 5, 7, 8%. I think strains credibility. Texas is already 30% on the annual average of renewable energy. We have this alternative, and we know how to generate a reliable grid. But it's not the case that it's going to be a reliable grid,. It's Going to be that much more expensive. You can't do what a friend of mine calls partial cost accounting; you also have to count all the externalities. That's millions of