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I think this should be old news by now. Yes, climate change will cause economic damage. And well, quite a big number, because it is well, rather global in scale
by timwaagh 7y ago
I think this should be old news by now. Yes, climate change will cause economic damage. And well, quite a big number, because it is well, rather global in scale and this is economics, where numbers tend to be big anyways. No, there is no solution to be bought off the rack. Even measures to migitate economic damage will cause economic damage (and different actors will pay it). The damage caused will be on a lot of levels, hard to measure and there is nothing to be done about it. How much damage we dont know. will your business be affected? probably. how much? we dont know. should you care? possibly, we dont know. It is impossible to make decisions based on such vague assertions.
- polotics 7y agoMaybe we could get some experts to quantify the costs and risks, then make a decision based on that?