MONCKTON: NET ZERO MAY COST FIFTY TRILLION SHIRTS

 NOW FOR A WORD FROM 

THE FORMER CHANCELLOR OF THE EXCHEQUER'S SHIRTMAKER:

Quietly, for several years, a leading geometallurgist at a national geological survey somewhere in the West has been working out how much of each techno-metal would be needed to attain net-zero emissions.

I must not say who he or she is, for the blanket of the dark is descending, and those who are quietly doing serious work that questions the official narrative the climate question are persecuted beyond endurance if they put their heads above the parapet. 

Indeed, a leading conference on climate change from a skeptical perspective has just written to tell me that its next session will be held in secret because the Government in question would otherwise be likely to ban it.

The geometallurgist has produced a 1000-page paper setting out, with detailed calculations, just how many megatonnes of techno-metals will be needed to attain net zero. Based on those calculations, I have looked up the prices of just seven of the techno-metals in question – lithium, copper, nickel, cobalt, vanadium, graphite and germanium:

Monckton of Brenchley

Reply to Carlo, Monte

 WUWT November 3, 2022 9:32 pm

Monte Carlo’s interesting comment mentions the IEEE paper costing global net zero at $250 trillion. That estimate is well below McKinseys’, which is $275 trillion in capex alone. 

Allowing for opex too, make that more like $800 trillion. 

As the head posting shows, just seven of the techno-metals required to attain global net zero would cost $160 trillion – and that is at today’s prices.

 Given that we need up to 30 times as much of these metals as the entire proven global reserves just to supply a single 10-year generation of windmills, solar panels static batteries to back up the unreliables and locomotive batteries to drive the astronomically costly electric buggies that the Blob will require us to drive instead of real cars, and given the unrepealability of the law of supply and demand, it is likely that the cost of techno-metals alone, for a single 10-year generation of these fragile and useless gadgets, would comfortably exceed $1 quadrillion.

Though  Christopher Monckton has contributed nothing to science, held no office of state, and been denied a seat in the House of Lords, he remains a worthy liveryman of the Worshipful Company of Broderers, and his powers of embroidery are as evident in his shirts as his mightily padded padded resume'. 

In 1996,  I did not realize that Monckton of Brenchley was the one on my shirt collars, but their endurance proves climate balderdashery's gain has been haberdashery's loss.
Let us wish him a swift return to his true calling as a Liveryman of the Honorable Company of Broderers.