Sunday, September 3, 2023

My New 12 Trillion-dollar Annual Budget

"We’ll not have to tighten our belts anywhere."

Three trillion per year in borrowing doesn’t seem like that much when you consider that the world spends twelve trillion to subsidize fossil energy exploration, exploitation, delivery, and use. Of course — and this is something deficit hawks will never tell you — borrowing trillions carries vastly more benefits than it may appear.

1. Produce Biochar

2. Grow Forests On Land

3. Grow Forests Under the Sea

4. Recover Wetlands and Regenerate Ecosystems

5. Remineralize

6. Increase Albedo

Show me the Money

1. Produce Biochar

2. Grow Forests On Land

3. Grow Forests Under the Sea

4. Recover Wetlands and Regenerate Ecosystems

5. Remineralize

6. Increase Albedo

Conclusion

  • Biochar — 36 billion — 0.3%
  • Reforestation — 170 billion — 1.4%
  • Kelp and Seaweed — 30 billion — 0.25%
  • Wetlands — 9.5 trillion — 79.1%
  • Remineralization — 400 billion — 3.3%
  • Albedo — 1.9 trillion — 15.5%

References

No comments:

Friends

Friends

Dis-complainer

The Great Change is published whenever the spirit moves me. Writings on this site are purely the opinion of Albert Bates and are subject to a Creative Commons Attribution Non-Commercial Share-Alike 3.0 "unported" copyright. People are free to share (i.e, to copy, distribute and transmit this work) and to build upon and adapt this work – under the following conditions of attribution, n on-commercial use, and share alike: Attribution (BY): You must attribute the work in the manner specified by the author or licensor (but not in any way that suggests that they endorse you or your use of the work). Non-Commercial (NC): You may not use this work for commercial purposes. Share Alike (SA): If you alter, transform, or build upon this work, you may distribute the resulting work only under the same or similar license to this one. Nothing in this license is intended to reduce, limit, or restrict any rights arising from fair use or other limitations on the exclusive rights of the copyright owner under copyright law or other applicable laws. Therefore, the content of
this publication may be quoted or cited as per fair use rights. Any of the conditions of this license can be waived if you get permission from the copyright holder (i.e., the Author). Where the work or any of its elements is in the public domain under applicable law, that status is in no way affected by the license. For the complete Creative Commons legal code affecting this publication, see here. Writings on this site do not constitute legal or financial advice, and do not reflect the views of any other firm, employer, or organization. Information on this site is not classified and is not otherwise subject to confidentiality or non-disclosure.