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Also worth noting that the ways to realistically address climate change require a massive, historic investment. I don’t know what the limit is on world governme
by coffeefirst 7y ago
Also worth noting that the ways to realistically address climate change require a massive, historic investment. I don’t know what the limit is on world governments’ ability to write a giant blank check, but I can’t imagine the trillions we need to spend on the current crisis makes turning around and dropping trillions on the next one any easier.
- PoachedSausage 7y agoIt might actually. Once you have had one impossible thought before breakfast, subsequent impossible thoughts surely become easier to have.
- cmendel 7y agoTruly? How many Trillions of dollars have we spent to slow the descent of the stock market in the last few months? How many more are we planning on spending? We aren't on the gold standard, we're on the idea standard. As such, our money is worth what we say it is worth and we can have as much of it as we want. If we said tomorrow "Here's 100 Trillion USD to fix climate change" we could do so. Yes I'm ignoring the inflationary effects for this example, but ultimately it doesn't matter. If we don't have a world to live in we'll have much larger concerns than inflation.
- coffeefirst 7y agoExactly. We don’t have a choice. And as powerful as that toolkit is, nothing is infinite.