2 ms·
Climate change is gonna be really expensive. Some people have tried to point this out.
by amanaplanacanal 2y ago
Climate change is gonna be really expensive. Some people have tried to point this out.
- rsynnott 2y agoThe problem is liability, to an extent; if you imagine a perfect market system, then maybe it would fix climate change; the parties responsible would be on the hook to pay for their externalities, so would be incentivised to stop producing them. In the real world, ah, not so much, though I do wonder if we'll see insurers/reinsurers attempting to sue big CO2 emitters in the near future.