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Elon Musk was willing to put up upwards of $40bn to buy out Twitter. If a private individual can leverage that kind of money, $100bn seems like peanuts for an i
by hnbad 4y ago
Elon Musk was willing to put up upwards of $40bn to buy out Twitter. If a private individual can leverage that kind of money, $100bn seems like peanuts for an international scientific endeavour.
Heck, Germany just greenlit a €100bn special budget for expanding its military capabilities.
It's not that world governments don't have that kind of money to spend on the Climate crisis, it's that they aren't interested and motivated to do it. Germany's special budget was justified with Russia being an existential threat but the Climate crisis has been recognized as an existential threat for decades, yet almost all countries have been dragging their feet.
NATO recommends member nations put 2% of their annual budget into defense. Imagine its members (let alone most countries) would have done the same for combatting Climate change.