#shorts Kennedy: “Dr. Litterman, How much will it cost to make the United States of America carbon neutral by 2050?”
“I don’t know, sir.”
“So you’re advocating we do these things but you don’t know the ultimate cost?”
“Yes, absolutely. I certainly don’t know the ultimate cost, and it’s very uncertain. It depends on innovations. It depends on…”
“I understand. I’m just trying to lay a foundation here to understand your expert testimony.”

“So you’re advocating we do these things, but you don’t know the ultimate cost?” Kennedy pressed.

“Yes, absolutely, I certainly don’t know the ultimate cost,” Litterman said.

Kennedy then asked another witness, President of the American Action Forum Dr. Douglas Holtz-Eakin, the same question, who estimated $50 trillion.

“If we spend $50 trillion … how much will that lower world temperatures?” Kennedy asked, with Holtz-Eakin saying he doesn’t know because it would be contingent on China.

Holtz-Eakin: “Depends on how it’s done. If we do it all in the federal budget with directed things,
Kennedy: it’s ultimately private dollars anyway.
“You’re going to look at 50 trillion dollars.”

Founding partner at Kepos Capital and chair of the Climate-Related Market Risk subcommittee Dr. Robert Litterman testified during a hearing to consider “climate-related economic risks and their costs to the Federal Budget and the Global Economy.” Kennedy also asked another witness, President of the American Action Forum Dr. Douglas Holtz-Eakin, similar questions.

other clips of this published longer video is here: https://youtu.be/6IYyZpa7S98
$50 trillion to make USA carbon neutral by 2050? “I don’t know” Kennedy questions Witnesses