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Everyone complaining about gas price due to environmental reasons (such as carbon tax) fail to account for the cost of insurance, infrastructure, and disaster r

Everyone complaining about gas price due to environmental reasons (such as carbon tax) fail to account for the cost of insurance, infrastructure, and disaster relief that results from climate change. Doing nothing has a huge cost. And not centuries from now.

baggy_trough 3y ago
What an extraordinary assertion. Everyone? Are you certain that climate activists are the ones correctly accounting for the costs and benefits of their proposals?
- throw0101c 3y ago
  > Are you certain that climate activists are the ones correctly accounting for the costs and benefits of their proposals? The insurance companies are certainly doing accounting for climate change: * https://www.munichre.com/en/risks/climate-change.html https://www.munichre.com/en/risks/climate-change.html * https://www.insuranceinstitute.ca/en/resources/insights-research/Climate-risks-report https://www.insuranceinstitute.ca/en/resources/insights-rese... * https://www.scientificamerican.com/article/climate-change-is-destabilizing-insurance-industry/ https://www.scientificamerican.com/article/climate-change-is... * https://vancouver.citynews.ca/2023/08/09/climate-change-canadian-insurance/ https://vancouver.citynews.ca/2023/08/09/climate-change-cana... They regularly have to pay out for what happens, and they're not happy about the direction things are going and are passing the cost along. Just ask anyone living in Florida: * https://www.newsweek.com/florida-insurance-crisis-explained-1812418 https://www.newsweek.com/florida-insurance-crisis-explained-... * https://www.pnj.com/story/money/2023/07/12/florida-insurance-crisis-farmers-insurance-home-insurance-what-to-know/70407302007/ https://www.pnj.com/story/money/2023/07/12/florida-insurance... And it's probably a fairly safe assumption that it's only going to get more expensive.
  - baggy_trough 3y ago
    I have confidence in insurance companies, who are private businesses with skin in the game, to predict short term climate effects on disaster costs. I have little to no confidence in climate activists to predict the costs and benefits of their interventions over much longer time periods.

baggy_trough 3y ago

What an extraordinary assertion. Everyone? Are you certain that climate activists are the ones correctly accounting for the costs and benefits of their proposals?

throw0101c 3y ago
> Are you certain that climate activists are the ones correctly accounting for the costs and benefits of their proposals? The insurance companies are certainly doing accounting for climate change: * https://www.munichre.com/en/risks/climate-change.html https://www.munichre.com/en/risks/climate-change.html * https://www.insuranceinstitute.ca/en/resources/insights-research/Climate-risks-report https://www.insuranceinstitute.ca/en/resources/insights-rese... * https://www.scientificamerican.com/article/climate-change-is-destabilizing-insurance-industry/ https://www.scientificamerican.com/article/climate-change-is... * https://vancouver.citynews.ca/2023/08/09/climate-change-canadian-insurance/ https://vancouver.citynews.ca/2023/08/09/climate-change-cana... They regularly have to pay out for what happens, and they're not happy about the direction things are going and are passing the cost along. Just ask anyone living in Florida: * https://www.newsweek.com/florida-insurance-crisis-explained-1812418 https://www.newsweek.com/florida-insurance-crisis-explained-... * https://www.pnj.com/story/money/2023/07/12/florida-insurance-crisis-farmers-insurance-home-insurance-what-to-know/70407302007/ https://www.pnj.com/story/money/2023/07/12/florida-insurance... And it's probably a fairly safe assumption that it's only going to get more expensive.
- baggy_trough 3y ago
  I have confidence in insurance companies, who are private businesses with skin in the game, to predict short term climate effects on disaster costs. I have little to no confidence in climate activists to predict the costs and benefits of their interventions over much longer time periods.