3 ms·

This better be sarcasm

by oliv__ 10y ago

logicallee 10y ago
I don't see anything even slightly objectionable, unless ajmurmann were throwing around billions and helping regulate to ensure continuing rising sea levels. This poster is obviously viewing it as an inevitable externality and asking how they can invest profitably. They mention investing in higher land - but since coastal properties will literally disappear underwater, there could be other ways to profit. Additionally, solar power (which might be heavily subsidized), electric cars, even something insane like fusion-powered electric airplanes (a pipe dream, it's ridiculous) would all be reasonable answers. I mention the airplane thing as jetliners are a leading cause of Co2 emissions which is thougth responsible for this rising sea level. -- as literally trillions of dollars in seaside property become uninhabitable due to flooding (literally trillions, this is not an exaggeration) society might decide to instead spend $10,000,000,000,000 (that's $10 trillion) to halt it today. It's reasonable for OP to ask how given that society will be feeling a push to spend $10,000,000,000,000 - how he/she can be better off with this analysis done today. Zero objection and there is no moral component whatsoever to their question. EDIT: I'd like someone to explain the downvoting behavior (of my comment). As multiple of my examples show, the investment can be in alternative energy, for example, when obscene expanses of valuable coastland are being flooded and people are simply 'forced' to act. I don't understand why the question or my defense of it were downvoted.
tjic 10y ago
Trying to make a profit is the most effective way of helping people. I hope that it is NOT sarcasm.
- jmcmichael 10y ago
  It's this kind of delusional faith in 'free market' capitalism and its profit incentive that has led us to the climate disaster that we face.
ajmurmann 10y ago
I'm not saying I want to make climate change worse or lobby for it out anything. Unfortunately climate change is happening and there are indicators that we already crossed the line to runaway climate change (methane coming out of the permafrost). Why should I not try to make a profit from this fact as long as I don't make it worse? How is this different than running a funeral home?
wott 10y ago
I don't think it is: we are on HN :-/

This better be sarcasm

by oliv__ 10y ago

This better be sarcasm

I don't see anything even slightly objectionable, unless ajmurmann were throwing around billions and helping regulate to ensure continuing rising sea levels. This poster is obviously viewing it as an inevitable externality and asking how they can invest profitably. They mention investing in higher land - but since coastal properties will literally disappear underwater, there could be other ways to profit. Additionally, solar power (which might be heavily subsidized), electric cars, even something insane like fusion-powered electric airplanes (a pipe dream, it's ridiculous) would all be reasonable answers. I mention the airplane thing as jetliners are a leading cause of Co2 emissions which is thougth responsible for this rising sea level. -- as literally trillions of dollars in seaside property become uninhabitable due to flooding (literally trillions, this is not an exaggeration) society might decide to instead spend $10,000,000,000,000 (that's $10 trillion) to halt it today. It's reasonable for OP to ask how given that society will be feeling a push to spend $10,000,000,000,000 - how he/she can be better off with this analysis done today. Zero objection and there is no moral component whatsoever to their question. EDIT: I'd like someone to explain the downvoting behavior (of my comment). As multiple of my examples show, the investment can be in alternative energy, for example, when obscene expanses of valuable coastland are being flooded and people are simply 'forced' to act. I don't understand why the question or my defense of it were downvoted.

tjic 10y ago

Trying to make a profit is the most effective way of helping people. I hope that it is NOT sarcasm.

jmcmichael 10y ago
It's this kind of delusional faith in 'free market' capitalism and its profit incentive that has led us to the climate disaster that we face.

ajmurmann 10y ago

I'm not saying I want to make climate change worse or lobby for it out anything. Unfortunately climate change is happening and there are indicators that we already crossed the line to runaway climate change (methane coming out of the permafrost). Why should I not try to make a profit from this fact as long as I don't make it worse? How is this different than running a funeral home?

wott 10y ago

I don't think it is: we are on HN :-/