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Calculating the economic cost of climate change is tricky, even futile – it’s also a distraction
(theconversation.com)
this post was submitted on 25 Feb 2025
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Unfortunately rich people think that only poor people will suffer. Cost analysis is needed to show that they will also suffer.
I love your optimism.
It's pragmatism. I can't see how else you can get rich decision makers to support any spending of "their" money.
You misunderstand. I was saying that the assumption that the rich folks behind climate change are acting out of ignorance is extraordinarily optimistic. I hope that I'm wrong, but I see no reason to believe that any cost estimate would get the main polluters (all billionaires included) on board with fighting climate change. Corporations and rich private citizens won't save us, and if they do, I will happily eat my words.
Its going to be collective action and government intervention.
Not just government intervention but consistency over all jurisdictions worldwide.
No company would take action alone, but industries may accept changes collectively if forced (e.g. tobacco).