| ▲ | Lord-Jobo 5 hours ago | |
The climate disaster costs are going to be so so much bigger than that unless our rates change. It’s easy to look at our $30000B gdp, even project that to 100k B into the future, and say “well we will eat the 2-10B costs”. There is no number for “we don’t have a source of soy anymore” or “Florida coastlines have moved 50 miles inland” or “the Ogallala is empty”. We could guess, and we would be guessing some really really big numbers that don’t sound very eatable. The big easy ones are the weather disasters. Katrina did 200b in damage (inflation adjusted). If we jump up to a disaster like that yearly, 1000b every 5 years is…. A serious problem for a 30,000B economy. And that’s JUST hurricanes. | ||
| ▲ | alephnerd 3 hours ago | parent [-] | |
I agree, but no one is going to change their track and this is something that neither the EU-27 nor the US nor anyone else has power over now. And it's not like this wasn't known - we were literally modeling this kind of a standoff at the Belfer Center almost 15 years ago. What I am trying to say is arguing from a moralistic or humanity standpoint doesn't help because that's not how decisionmakers think, and that requires accepting agency across multiple players. We need to accept we are fucked, and based on the cards we have in our hand understand what will happen next. | ||