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I’m not an Elon fan, but “ $2,640,000” for transporting the nominally richest man in the world is….not that much? You could use Climeworks to actually sequeste

by graeme 4y ago

I’m not an Elon fan, but “ $2,640,000” for transporting the nominally richest man in the world is….not that much? You could use Climeworks to actually sequester 1895 tons of CO2, forever, for €1,895,000. So about doubling the operating cost, a bit under $5 million. Still…not that much? I mean, having the CEO on-site is useful. In person meetings are useful. https://climeworks.com/one-off-climate-purchase https://climeworks.com/one-off-climate-purchase Side note: I do not think Elon Musk is nearly as rich as reports make him out to be. His net worth is wrapped up in a single stock that went into a bubble, and now also in Twitter, where he is heavily underwater. He is not rich in a diversified way like Gates or Buffett. But he is still more than rich enough to afford $5 million per year!

pengaru 4y ago
CO2 emissions in the upper atmosphere are generally accepted to require a ~2.6X multiplier when measuring impact FWIW. So if you were going to sequester that CO2 in some conscience-clearing "I'm carbon neutral!" exercise, I suppose you'd have to sequester 2.6 times the amount your private jet emitted. And that's still ignoring the social/network effects of your behavior, which are arguably non-zero. i.e. high-roller high-visibility douche bags flying constantly encourages others to behave more in a similar fashion. "at least I'm not flying as much as that Elon guy - books flight for just a dinner somewhere different"
- graeme 4y ago
  Fair point, changes the cost to to a bit over 4 million euros. Maybe make that $7.5 million dollars? And yeah to do this ethically you’d probably want to publicly support sequestering your own usage, say how to do it, and then you’d likely have a net positive impact. So I’m down with people criticizing him for hyping his environmental contributions while not doing it on this point. My main point is that the overall costs are not extravagant given his position. That said, they may well come to look extravagant depending how badly the Tesla bubble bursts….
xracy 4y ago
"I'm not an Elon fan, but" Is the telltale sign of an Elon fan who knows Elon isn't cool right now... Might consider rephrasing that in the future if you're actually not an Elon fan. "I'm not an Elon fan, but I'm going to defend him like I am."
- graeme 4y ago
  This isn’t Reddit. I ended by saying I don’t think Elon is really all that rich and that his major holding is a bubble. I think there’s a reasonable chance Tesla blows up and lots of financial schenanigans will be revealed. I however, do not think his private jet expenses are crazy given his nominal position as richest or almost richest person in the world.

by graeme 4y ago

pengaru 4y ago

CO2 emissions in the upper atmosphere are generally accepted to require a ~2.6X multiplier when measuring impact FWIW. So if you were going to sequester that CO2 in some conscience-clearing "I'm carbon neutral!" exercise, I suppose you'd have to sequester 2.6 times the amount your private jet emitted. And that's still ignoring the social/network effects of your behavior, which are arguably non-zero. i.e. high-roller high-visibility douche bags flying constantly encourages others to behave more in a similar fashion. "at least I'm not flying as much as that Elon guy - books flight for just a dinner somewhere different"

graeme 4y ago
Fair point, changes the cost to to a bit over 4 million euros. Maybe make that $7.5 million dollars? And yeah to do this ethically you’d probably want to publicly support sequestering your own usage, say how to do it, and then you’d likely have a net positive impact. So I’m down with people criticizing him for hyping his environmental contributions while not doing it on this point. My main point is that the overall costs are not extravagant given his position. That said, they may well come to look extravagant depending how badly the Tesla bubble bursts….

xracy 4y ago

"I'm not an Elon fan, but" Is the telltale sign of an Elon fan who knows Elon isn't cool right now... Might consider rephrasing that in the future if you're actually not an Elon fan. "I'm not an Elon fan, but I'm going to defend him like I am."

graeme 4y ago
This isn’t Reddit. I ended by saying I don’t think Elon is really all that rich and that his major holding is a bubble. I think there’s a reasonable chance Tesla blows up and lots of financial schenanigans will be revealed. I however, do not think his private jet expenses are crazy given his nominal position as richest or almost richest person in the world.