There is about 1.5 trillion reasons to support the climate change industry. From Powerline, Global Warming: A $1.5 Trillion Industry
It’s all about saving the planet, right? It’s all about Big Green.
The Climate Change Business Journal has calculated that global warming is now a $1.5 trillion a year industry. The Business Journal’s report is not available for free online, but its findings are reviewed by the Insurance Journal. They are eye-opening, to say the least:
The $1.5 trillion global “climate change industry” grew at between 17 and 24 percent annually from 2005-2008, slowing to between 4 and 6 percent following the recession with the exception of 2011’s inexplicable 15 percent growth, according to Climate Change Business Journal.
The San Diego, Calif.-based publication includes within that industry nine segments and 38 sub-segments. This encompasses sectors like renewables, green building and hybrid vehicles.