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Climate Change Will Get Worse. These Investors Are Betting on It
- escherplex 8y agoWhich of course raises the question what good will extensive financial assets be if all hell breaks loose? One possibility for that scenario was explored at HN a short time ago: The Super Rich of Silicon Valley Have a Doomsday Escape Plan URL= https://news.ycombinator.com/item?id=17922863 https://news.ycombinator.com/item?id=17922863
- sharemywin 8y agoI don't really get it "let's escape to an island" when sea levels are going to rise and hurricanes are going to get worse?
- justtopost 8y agoEveryone knows mineshafts are where its at. #MineshaftGap
- tracker1 8y ago.
- everybodyknows 8y ago> under 10% Source of this number, please?
- everybodyknows 8y agoTL;DR Bullish: sea wall construction; short-term housing, including hotels (except maybe those with beach-front lobbies); insurers specializing in weather risk; higher-lying real estate along up-migration corridors. Bearish: municipal bonds of low-lying cities. Ethical rationale: What more credible way to put the lie to the "climate change is a hoax" deniers, than to move big capital in these directions?
- itry2develop 8y agoThe political hysteria will get worse, its what happens when a theory dies and people stop paying attention.
- Pica_soO 8y agoProblem in the projection, if you are economically irrelevant now, your country suffering or even vanishing has no real impact on those future economics predictions. https://worldmapper.org/wp-content/uploads/2018/04/GDP_total_2018.png https://worldmapper.org/wp-content/uploads/2018/04/GDP_total... So as long as you are willing to gun down refugees with drones as terroristas - a only half-inhabitable planet, with domed over agriculture on the equatorial belt - is a "good" outcome in these formulas. Im sure looking at the numbers, the shoah had some benefits too.