2 ms·
Absolutely right! It isn't really clear that fundamental and drastic changes to lifestyle is needed. It just needs some investment in climate friendly energy t
by oezi 2y ago
Absolutely right!
It isn't really clear that fundamental and drastic changes to lifestyle is needed. It just needs some investment in climate friendly energy technologies. On the order of 100-200 trillion USD. Which is roughly 100-200% of global yearly GDP. Or 2-5% of yearly GDP until 2050. This could well be provided by printing money at all the federal reserve banks.
This investment will likely bring in a positive return on investment because it reduces the negative climate impacts.
Without such investments the downstream costs in climate change adaptation will be very expensive.