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The hardest part for this is going to be convincing the first set of billionaires to take money out of (gold, x commodity) and putting it into coal. Gates will

The hardest part for this is going to be convincing the first set of billionaires to take money out of (gold, x commodity) and putting it into coal. Gates will probably have to be a guinea pig and convince some of his other investor friends to do the same, and everyone else will follow suit. That is of course, if you believe global warming is a thing.

em3rgent0rdr 11y ago
well at least it requires these global-warming-concerned billionaires to put their money where their mouth is, instead of by enforcing their beliefs on others via the political process.
- wj 11y ago
  How do they enforce their beliefs via the political process? Last time I checked (in the U.S. at least) you needed to be elected to office in order to pass policy and I don't believe there are that many billionaires in elected office. If you are suggesting they manipulate it with donations then remember that your money spends just as well in Washington as theirs does. And don't forget that global-warming-denier billionaires make campaign contributions as well.
  - em3rgent0rdr 11y ago
    >> "How do they enforce their beliefs via the political process?" By electing and lobbying politicians who make laws. >> "Last time I checked (in the U.S. at least) you needed to be elected to office in order to pass policy and I don't believe there are that many billionaires in elected office." Billionaires don't actually have to be in office in order to enforce their beliefs via the political process. >> "remember that your money spends just as well in Washington as theirs does" Using money to implement laws via politics is rent-seeking behavior. But although my money may spend just as well in Washington as their money does, the key argument this article is making is: market methods can be more effective than political methods for limiting greenhouse gas emissions.
    - wj 11y ago
      Billionaires have one vote just like you and I do. I believe market methods are more effective at most things but environmental protection is not one of them due to the tragedy of the commons. If course I could be wrong.

em3rgent0rdr 11y ago

well at least it requires these global-warming-concerned billionaires to put their money where their mouth is, instead of by enforcing their beliefs on others via the political process.

wj 11y ago
How do they enforce their beliefs via the political process? Last time I checked (in the U.S. at least) you needed to be elected to office in order to pass policy and I don't believe there are that many billionaires in elected office. If you are suggesting they manipulate it with donations then remember that your money spends just as well in Washington as theirs does. And don't forget that global-warming-denier billionaires make campaign contributions as well.
- em3rgent0rdr 11y ago
  >> "How do they enforce their beliefs via the political process?" By electing and lobbying politicians who make laws. >> "Last time I checked (in the U.S. at least) you needed to be elected to office in order to pass policy and I don't believe there are that many billionaires in elected office." Billionaires don't actually have to be in office in order to enforce their beliefs via the political process. >> "remember that your money spends just as well in Washington as theirs does" Using money to implement laws via politics is rent-seeking behavior. But although my money may spend just as well in Washington as their money does, the key argument this article is making is: market methods can be more effective than political methods for limiting greenhouse gas emissions.
  - wj 11y ago
    Billionaires have one vote just like you and I do. I believe market methods are more effective at most things but environmental protection is not one of them due to the tragedy of the commons. If course I could be wrong.