We will spend it then because they will have to. They won’t spend it now because it’s not necessary. It’s human nature.
Them: profit now, dead later.
Young people: pay now, pay later.
It won’t be spending.
Land, buildings, businesses, capitals will be lost. That’s cost and spending won’t fight back the sea. Not everywhere that matters, populated areas will be written off.
It will be a hard fought lesson but one modern society needs to experience
Self-driving cars are probably 100x the cost of better transit as well, guess what we chose?
deleted by creator
The economy won’t exist as it is today. Cost of adapting is bigger than economic growth by 2100, if not 2050. Private isurance as a concept no longer applies in many places as many properties are exposed to floods and storms by then making it too expensive to be useful.
deleted by creator
I figured but couldn’t help myself.
Yeah, they’re going “party now, leave the broken furniture for somebody else”
deleted by creator
Dark ages version 2.0 coming up. It’ll work itself out by the next millennium.
deleted by creator
I really don’t think cost-benefit analysis is going to sway very many people. A lot of people continue to believe in the idea that humans are wholly rational, calculating, utility maximizing individuals, and thus if we just show them how much money they can save, they’ll support climate mitigation efforts. But this model of rational economic man is wrong. Maybe it describes some people well enough, but I think it’s a poor representation of how most people think and behave.
Humans are not wholly “rational.” We are often influenced by emotions and our passions that can be decidedly irrational. But the thing I really take issue with is this continued narrative that humans are fully atomized individuals. It absolutely needs to stop, it’s simply untrue. Humans are social, hyper social, even. We form all sorts of interconnected relationships, we depend on them, even, and we are highly tribal by our nature. It is how we evolved, it is how we survived. We are here because our ancestors formed tightly connected groups of people, with common purpose, common culture, common language, and common belief systems.
Do you know why so many people continue to deny climate change and fight against climate mitigation efforts? Because it’s what their tribe tells them to do. They are being told by the members of their tribe that they respect and admire that climate change is a hoax perpetuated by an enemy tribe. They’re being told that climate mitigation efforts are an attack on their culture, their way of life, and they’re being told this by bad actors who deliberately use people’s tribal nature against them, to manipulate the people into supporting them and their interests. We need to use culture for progress, so that it can’t be weaponized against progress.
The sooner we shit-can the rational economic man model and start seeing people for what they really are: social beings who are highly motivated by emotions and passions, and the sooner we recognize the importance of culture and group identity, the closer we’ll be to an actual solution.
Damages for who?
Someone else will get suckered into paying for it, I’ll get to keep MY money and the problem will be fixed.
Now, if the government is willing to pay me billions to fix it, I might be interested… /S
Damages?
More like gross income for a smart, proactive company.
All this spending to repair damages and save lives is the biggest revenue opportunity of the century.
Climate change is an opportunity, not a problem, it could make you rich if you work hard enough.
/s
“There’s a lot of money to be made with the end of the world.”
Whom*
But, seriously: it’s great that we know the names of these assclowns with that sort of money and where they are, right? I’ve always wanted to grab one of those signs that they put on schools & clinics: “Heroes work here” and pop it proudly on a mobile guillotine rig. Simply showing up might be all the incentive needed. 🤷🏼♂️
The other half of “for whom” is what parts of the world. Does it cost anything if the impact is felt by people who can’t do anything about it, in a cold world where no one cares to help?
I think we are every year getting small sneak peeks of what’s to come and we still ignore the warnings nature is giving us and we are strictly focused on the short term growth.
Just look what just happened in Dubai, they had 256mm of rain in one day, while their annual rain rate is 96. That’s 2.5x more than the annual in just one day. And I am sure this caused a lot of financial damage to businesses and also the government
But the shareholders want to see the line go up now!
Yeah, but the leaders that can make the change today won’t be alive then. So why would they care?
Line go up
Temp go up
6 times the damages for WHO, though? Not the rich…
