{"id":60309,"date":"2021-11-06T09:48:47","date_gmt":"2021-11-06T14:48:47","guid":{"rendered":"https:\/\/olduvai.ca\/?p=60309"},"modified":"2021-11-06T09:48:47","modified_gmt":"2021-11-06T14:48:47","slug":"janet-yellen-admits-the-net-zero-grand-reset-price-tag-will-be-150-trillion","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=60309","title":{"rendered":"Janet Yellen Admits The &#8220;Net Zero&#8221; Grand Reset Price Tag Will Be $150 Trillion"},"content":{"rendered":"<header class=\"ArticleFull_header__11o5_\">\n<h3 class=\"ArticleFull_title__2cUI6\"><a href=\"https:\/\/www.zerohedge.com\/markets\/janet-yellen-reveals-net-zero-grand-reset-price-tag-150-trillion\">Janet Yellen Admits The &#8220;Net Zero&#8221; Grand Reset Price Tag Will Be $150 Trillion<\/a><\/h3>\n<\/header>\n<div class=\"NodeContent_mainContent__38L44\">\n<div class=\"NodeContent_body__2clki NodeBody_container__1M6aJ\">\n<p>For years, the climate change lobby was laser-focused on just one aspect of the &#8220;climate change&#8221; crusade: the end &#8211; which supposedly is some world where the temperatures no longer rise due to fossil fuel emissions (because we now live in a world of global warming as scientists agree, not to be confused with the global cooling hypothesis that\u00a0<a href=\"https:\/\/www.insidescience.org\/news\/my-1975-cooling-world-story-doesnt-make-todays-climate-scientists-wrong\">emerged in the 1970s<\/a>, when many were even warning of a new ice age) justifying the means. Meanwhile the &#8220;means&#8221;, or the final cost to taxpayers of all that endless, tedious virtual signaling, was almost never touched upon for a reason &#8211; as we first explained three weeks ago, the bill for getting the world from point A to that mythical, utopic point B, was so high, it would be double global GDP.<\/p>\n<p>For those who missed it, here is an excerpt of what\u00a0<a href=\"https:\/\/www.zerohedge.com\/markets\/here-hidden-150-trillion-agenda-behind-crusade-against-climate-change\">we wrote back on October 14<\/a>, shortly after Bank of America published the definitive compendium on climate change and the coming Net Zero (i.e.,\u00a0<em><strong>great reset<\/strong><\/em>) world, and which we discussed in depth:<\/p>\n<blockquote><p>&#8220;while it is handy to have a centralized compendium of the data, a 5 minute google search can provide all the answers that are &#8220;accepted&#8221; dogma by the green lobby. But while we don&#8217;t care about the charts, that cheat sheets, or the propaganda, what we were interested in was the bottom line &#8211; how much would this green utopia cost, because if the &#8220;net zero&#8221;, &#8220;ESG&#8221;, &#8220;green&#8221; narrative is pushed so hard 24\/7, you know it will cost a lot.<\/p>\n<p>Turns out it does. A lot, lot.<\/p>\n<p>Responding rhetorically to the key question, &#8220;how much will it cost<strong>?&#8221;, BofA cuts to the chase and writes $150 trillion over 30 years &#8211; some $5 trillion in annual investments &#8211; amounting to twice current global GDP!<\/strong><\/p><\/blockquote>\n<div class=\"Advert_desktop__1J5vD Advert_tablet__3QEBr Advert_mobile__1rlLc Advert_placement__1I4yb Advert_align__N0_fw\">\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Janet Yellen Admits The &#8220;Net Zero&#8221; Grand Reset Price Tag Will Be $150 Trillion For years, the climate change lobby was laser-focused on just one aspect of the &#8220;climate change&#8221; crusade: the end &#8211; which supposedly is some world where the temperatures no longer rise due to fossil fuel emissions (because we now live in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,4],"tags":[124,141,195,31960,426,534,538,30673,4318],"class_list":["post-60309","post","type-post","status-publish","format-standard","hentry","category-economics","category-environment","tag-central-banks","tag-climate-change","tag-debt","tag-debt-monetisation","tag-inflation","tag-monetary-policy","tag-money-printing","tag-net-zero","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60309"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60309\/revisions"}],"predecessor-version":[{"id":60310,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60309\/revisions\/60310"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}