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While this is a good argument, people's revealed preferences point in the other direction The countries that are closest to that margin, like Saudi Arabia, Qat
by thow-58d4e8b 5y ago
While this is a good argument, people's revealed preferences point in the other direction
The countries that are closest to that margin, like Saudi Arabia, Qatar or Iran, are actually perfectly happy with pumping more fossil fuels. Bin Salman was actively trying to sabotage COP26 talks. Brazil continues the deforestation, with Bolsonaro being perfectly happy with it
Florida beach front properties are not dropping in value. Migration towards Sun Belt in the US is a real thing. At the peak of summer heat, significant chunk of Europe's population temporarily moves to the hottest parts of the continent. Despite the global warming prospects and economic disparities, Greeks, Italians and Spaniards aren't flocking to Scandinavia. etc., etc.