I think there’s a lot of money to be made in confronting climate change… but it will be made more than two fiscal quarters in the future, so capitalists are not just willing, but actually proud to ignore it.
You’d be correct. Recent estimates are that climate change caused issues will reduce global income by about 15% and cost $40 trillion annually by 2050.
They’d make more money by tackling climate change. It’s in the math. But that math has to be done over multiple years not just next quarter as you said.
I remember back in the 90’s and early 2000’s they argued that the average person’s consumption was solely to blame for climate change. (While ignoring the pollution caused by multimillion dollar companies).
But the Average joe using plastic straws is the real reason for climate change. /s
If there was money to be made from solving climate change, it would’ve been solved yesterday.
I think there’s a lot of money to be made in confronting climate change… but it will be made more than two fiscal quarters in the future, so capitalists are not just willing, but actually proud to ignore it.
You’d be correct. Recent estimates are that climate change caused issues will reduce global income by about 15% and cost $40 trillion annually by 2050.
They’d make more money by tackling climate change. It’s in the math. But that math has to be done over multiple years not just next quarter as you said.
Every company has to scramble for their share of the pie which shrinks by virtue of the collective scrambling in and of itself. I love feedback loops!
No one is arguing that
I remember back in the 90’s and early 2000’s they argued that the average person’s consumption was solely to blame for climate change. (While ignoring the pollution caused by multimillion dollar companies).