Posted on 04/18/2016 1:08:42 PM PDT by Oldeconomybuyer
Climate change could seriously redistribute resources and reallocate wealth - but not in a fair way. In a reverse of the famous Robin Hood folklore, it could rob from the poor to give to the rich, according to researchers. Yet even the rich may not feel any richer.
Eli Fenichel, assistant professor of bioeconomics and ecosystem management at the Yale School of Forestry and Environmental Studies in the US, says: "People are mostly focused on the physical reallocation of these assets, but I don't think we've really started thinking enough about how climate change can reallocate wealth and influence the prices of those assets. We think these price impacts can be really, really important."
The researchers say cautiously that climate change - driven by greenhouse gas emissions from the combustion of fossil fuels in the last century or so - "can reallocate natural capital, change the value of all forms of capital, and lead to mass redistribution of wealth."
"We tend to think of climate change as just a problem of physics and biology," says co-author Malin Plinsky, an ecologist at Rutgers University, USA. "But people react to climate change as well, and at the moment we don't have a good understanding of the impacts of human behaviour on natural resources affected by climate change."
(Excerpt) Read more at deccanherald.com ...
:)
OMG the perfect liberal conundrum. Global warming AND inequality, all rolled into one study.
Gee - what a shocking conclusion to be reached by an “assistant professor of bioeconomics and ecosystem management at the Yale School of Forestry and Environmental Studies”. /s
Climate Change is just one way the flock gets fleeced and culled.
If ya like sausage, don’t watch how it’s made or where it comes from.
Well, Eli.. we can know that it seems to cause you to be a liberal dumbass and perhaps also a homosexual.
Do you like gladiator movies, Eli?
Blacks, muslims, homos and women to suffer the most...
While evil, white, heterosexual, Christian males were actually seen laughing all the way to he bank !
/s
Robin Hood took outrageous taxes back from the government on behalf of the poor. The author is an idiot and a propagandist.
I wonder how many of these BS articles come out per day on average trying to scare people that don’t care.
Global warming means the poor will spend less on heat in the winter.
Global warming means longer growing seasons and more land that can be farmed. Thus, more food and lower food prices.
Good for the poor.
Now 0bama has his own poison dwarf, in a skirt..
"Stupid bitch!"
Robin Hood took outrageous taxes back from the government on behalf of the poor
my guess is you would pretty hard pressed to find anyone under 50 that knows that.
.....the end of the world will harm women and minorities most.
I’m a denier.
News flash - poor people ALWAYS end up giving money to rich people. That is why there are so few rich people and so many poor people.
There are a couple of economic strategies that can sort of balance out this inequity. One is to take the money away from EVERYBODY, but eventually, this ends up with actual contraction of wealth, and with this contraction, the general health of the population lags, leading to smaller families due to infant deaths and high fatalities among pre-adolescent children, and earlier deaths among those who do reach adulthood. Life becomes solitary, poor, nasty, brutish and short.
The other is to award incentives to anyone who will show effort and initiative, and allow them to keep the proceeds of their labor and entrepreneurial efforts. The ratio of well-to-do individuals under this strategy ends up much larger, and while not extremely rich, there is an escape from the very poor, and much less of the wealth is concentrated in the very few at the top.
Oh, they’ve thought about it alright!
In the world of today, the poor must work harder
Climate change has always been more about economics than the environment. Look at Kyoto which wouldn’t have done much for temperature but would have redistributed wealth more to the liking of the SJW crowd.
If they ever got a carbon tax system, people like Al Gore become instant billionaires while the rest of us have to pay just to breathe.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.