The 50 to 1 video project presented by Topher Field provides not only data, references, scientists, researchers, economist and investigative journalist to reveal the tremendous effort wasted to changing the global temperature but the misleading and bad public policy created for climate change.
Specifically, using Australia’s carbon reduction scheme in 2012 “the most ambitious and expensive carbon tax anywhere in the world” their effort at reducing global carbon tax would create a temperature change of 120,000th of one degree after a decade. So the decrease would be so insignificant that there would be no detectable impact even though 160 billion dollars would be spent on this effort.
Field then provides a comparative analysis of what we would spend if we simply adapted to the climate change instead of using the carbon taxes and trading schemes, using the 2006 Stern Report on climate economics. “If the planet warms by three degrees this century it would cause damage of 0 to 3% of the global GDP so roughly 1.5% or we could spend 80% of the global GDP if we tried to stop it.” Thus, Fifty to One.
The cost here far outweighs the benefit if we were to just adapt to the change in temperature. A solution rarely presented is the idea of adapting and investing our resources elsewhere for the benefit of society. After all it wouldn’t be the first time mankind adapted to change.
The 50 to 1 Project explains exactly why “pretending we can stop climate change is a waste of time, money, and opportunity and may be doing more harm than good” and is a great rebuttal to mainstream medias claims.
Watch the video below: