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Where the big money really is in climate science: Governments spent $359 billion in 2012, about the same as 2011, on their effort to stop global warming.
Global investment in climate change plateaued at USD $359 billion in 2012, roughly the same as the previous year, according to a new Climate Policy Initiative (CPI) study, “The Global Landscape of Climate Finance 2013.” Once again the figure falls far short of what’s needed. The International Energy Agency projects that an additional investment of USD 5 trillion is required by 2020 for clean energy alone, to limit warming to two degrees Celsius. However, the gap is likely wider: The World Bank projects we are on a path to four degree Celsius warming, suggesting that efforts to scale up finance are falling further and further behind.
I include the quote above to make it clear that the source is very much a supporter of the human-caused global warming scenario. And while the article also details the large amounts of money invested in fossil fuels, it is important to recognize the difference. The money for stopping global warming is almost entirely used for fake research or public relations propaganda efforts or to support government regulatory agencies. The money for fossil fuels is money used to invest in actual energy production.