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Net Zero Policies

March 6th 2023
From Ken Gregory, P.Eng:

I gave a Powerpoint presentation to the Canadian Society of Engineering Management (CSEM) in Calgary, Alberta on February 15, 2023 titled “Review of Net Zero Policies.” The following is a link to my slides in PDF format. View Slideshow[PDF]

Some highlights are;

• Global capital cost of Net Zero is estimated at US$ 275 Trillion, [2.9 X Global world income]·

• Going to net zero emission will reduce the global world annual income by at least $42 Trillion by 2021.

• The global near surface air temperature trend from 1970 to 2022 as forecast by the Canadian climate model is 2.9 times the observed trend.

• The global net positive impact of GHG emission without mitigation will be up to 1.5% of annual global world product.

• Climate-related Death Risk Drops 99.3% from 1920s to 2020.

• If solar and wind with batteries for energy storage replace fossil fuels, the cost per adult in the USA may by over US$1.1 million.

Photo Credit to Dan Meyers
unsplash.com

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