Rebuilding an economy based on green principles entails ‘pain and huge cost’: Bernardi

Rebuilding an economy based on green principles entails ‘pain and huge cost’: Bernardi

Sky News host Cory Bernardi says rebuilding an economy based on green principles entails pain and “huge cost”.

“The bank of America estimates a net zero by 2050 transition is going to cost US$150 trillion,” he said.

“We are going to have to mine more minerals and ship more steel in order to build the batteries, the solar panels and wind turbines of the future. And then, of course, we will have a brand-new industry called ‘green land fill’ where they can all be dumped when they reach the end of their useful lives.”

Author: