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Unchecked climate change is going to be stupendously expensive
The Week Magazine ^ | January 15, 2018 | by Ryan Cooper

Posted on 01/15/2018 7:38:31 AM PST by Oldeconomybuyer

Climate change is first and foremost a threat to human society.

That fact has been somewhat obscured in regular discourse, in favor of a false dichotomy portraying climate policy as an upper-middle-class noblesse oblige idea for anxious birders and other environmentalist types, and hardheaded economists who think building up yet more wealth is more important.

In reality, one obvious way that threat to humanity is going to be expressed is through economic damage. In other words, unchecked climate change is going to be terrifically expensive.

It drives home the fact that dawdling on climate policy, as Democrats did when they had majorities in 2009-10 — or denying it's even necessary, as virtually every person of consequence in the Republican Party does — is not going to be some profitable venture. Poor countries will be hit worse, but American cities will be wrecked, much critical infrastructure will be destroyed, and many insurance companies and programs will be bankrupted. It will require endless expensive bailouts and reconstruction packages simply to stay ahead of the damage.

Conversely, the faster we move on climate policy, the cheaper it will be. The International Energy Agency has roughly estimated that every year of delay adds $500 billion to the world total of necessary investment to head off climate change. (A stitch in time saves nine, as the saying goes.)

On the most important issue facing humanity, the United States is becoming dangerously close to a rogue state. Let us hope we can soon rejoin the world community and start acting like sensible, moral adults again.

(Excerpt) Read more at theweek.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; News/Current Events
KEYWORDS: climate; climatechangefraud; fraud; globalwarming; gorebullwarming; hoax; propaganda; socialism
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To: Oldeconomybuyer

The hubris of liberals to believe that humans have the capacity to effect “climate change” in either direction!

I submit the volcano in the Philippines that destroyed Clark AFB and dumped tons and tons of ash and gas into the atmosphere. A year later, the total effect was the cooling larval on the runways!


21 posted on 01/15/2018 7:51:43 AM PST by Redleg Duke (Build KateÂ’s Wall! Never Forget!)
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To: Oldeconomybuyer

>>Unchecked climate change is going to be stupendously expensive

Oh good. As Progressives have proven, you can pay for anything by just borrowing from China and creating fiat currency. Fake money to pay for fake climate change. It’s like playing Monopoly.

Expensive we can handle. Giving up modern lifestyles and convenience is something we can’t afford.


22 posted on 01/15/2018 7:54:11 AM PST by Bryanw92 (Asking a pro athlete for political advice is like asking a cavalry horse for tactical advice.)
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To: Oldeconomybuyer

Snowflakes have been alarmed by global warming since the beginning of time.


23 posted on 01/15/2018 7:55:21 AM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: Oldeconomybuyer

Actually we have already paid this stupendous price tag and more but the globalists elites stole our money. Stinkin’ thieves.


24 posted on 01/15/2018 7:57:03 AM PST by rod1 (CTLY)
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To: Puppage

Al Gore said, “I have a dream!!! I have a dream that the people of the the world will hear my plea fo stop the global warming I invented...They can only stop it by sending me billions of dollars...I have a dream....”


25 posted on 01/15/2018 7:57:24 AM PST by JBW1949 (I'm really PC....PATRIOTICALLY CORRECT!!!!)
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To: Oldeconomybuyer

The government thinks that climate damage to the children of their grandchildren will be expensive.

How expensive? Who knows but...we better spend it now! What’s in YOUR wallet?


26 posted on 01/15/2018 7:58:14 AM PST by Cletus.D.Yokel (Catastrophic, Anthropogenic Climate Alterations: The acronym explains the science.)
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To: Oldeconomybuyer

This is why we need nuclear.


27 posted on 01/15/2018 7:58:35 AM PST by Brilliant
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To: Red Badger

“Let’s say the situation was reversed, and we were faced with Global Cooling instead.

What would these weather wizards do to stop it?...................”

Burn fossil fuels?

:-)


28 posted on 01/15/2018 7:59:02 AM PST by Let's Roll ("You can avoid reality, but you cannot avoid the consequences of avoiding reality" -- Ayn Rand)
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To: Paladin2

Leftist CAGW true believers really don’t like it when you point out that Chicago was under a mile of ice not all that long ago, from a planetary perspective.


29 posted on 01/15/2018 7:59:16 AM PST by FreedomPoster (Islam delenda est)
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To: Oldeconomybuyer

The writer uses the wrong form of the word with “stupendously.”


30 posted on 01/15/2018 8:00:44 AM PST by jimfree (My17 y/o granddaughter continues to have more quality exec experience than an 8 year Obama.)
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To: Oldeconomybuyer

Stupendously?

Stupendously was in the title? Holy Moses! It must be magnificently expensive as well.


31 posted on 01/15/2018 8:01:33 AM PST by Tenacious 1 (You couldn't pay me enough to be famous for being rich or stupid!)
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To: FreedomPoster

Warming greatly increases the food production potential of the Planet. The inevitable cooling part of the cycle, not so happy. There may be a World of people praying for half a degree of warmth 100,000 years from now to alleviate mass starvation.


32 posted on 01/15/2018 8:02:14 AM PST by anton
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To: Oldeconomybuyer

Ever notice the websites that post this kind of garbage all got rid of their comments sections?


33 posted on 01/15/2018 8:03:10 AM PST by Snowybear
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To: Oldeconomybuyer
Climate change is first and foremost a threat to human society.

It's not a threat, it is just reality. Don't like it, talk to the Sun.

That fact has been somewhat obscured in regular discourse, in favor of a false dichotomy portraying climate policy as an upper-middle-class noblesse oblige idea for anxious birders and other environmentalist types, and hardheaded economists who think building up yet more wealth is more important.

Again, it's not a threat, and using elaborately worded 'labels' doesn't make it a fact.

In reality, one obvious way that threat to humanity is going to be expressed is through economic damage. In other words, unchecked climate change is going to be terrifically expensive.

Unchecked? No amount of money will stop the planet and the Sun from doing whatever they please. Even if we never spent another penny on climate 'change', it will still change.

It drives home the fact that dawdling on climate policy, as Democrats did when they had majorities in 2009-10 — or denying it's even necessary, as virtually every person of consequence in the Republican Party does — is not going to be some profitable venture.

There you go with that 'fact' thing again and the use of labels to 'categorize' people.

Poor countries will be hit worse, but American cities will be wrecked, much critical infrastructure will be destroyed, and many insurance companies and programs will be bankrupted. It will require endless expensive bailouts and reconstruction packages simply to stay ahead of the damage.

TRUE. That is why we need to stop ANTIFA, BLM, and the CLINTON FOUNDATION.

Conversely, the faster we move on climate policy, the cheaper it will be. The International Energy Agency has roughly estimated that every year of delay adds $500 billion to the world total of necessary investment to head off climate change. (A stitch in time saves nine, as the saying goes.)

....and a SCAM always depends on a lot of gullible people investing a lot of money AT THE START.

On the most important issue facing humanity, the United States is becoming dangerously close to a rogue state.

You haven't gotten anything else right, so I'll just LABEL this as another stupid claim.

Let us hope we can soon rejoin the world community and start acting like sensible, moral adults again.

Sensible, moral adults... like The Clintons, The Podesta Brothers, Most every politician, all of the Hollywood 'crowd', and all the illegal immigrants who are the unwanted even by their own Third World toilet countries ?

34 posted on 01/15/2018 8:03:37 AM PST by UCANSEE2 (Lost my tagline on Flight MH370. Sorry for the inconvenience.)
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To: Paladin2

***A new Ice Age would be a real problem.***

That is so 1970s. My place in the Rocky Mountains was supposed to be under a mile of ice by now, and it is not. And I no longer own it!


35 posted on 01/15/2018 8:07:13 AM PST by Ruy Dias de Bivar
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To: anton

Just think of how expensive it will be trying to keep a mile-high glacier from crushing Chicago.


36 posted on 01/15/2018 8:07:47 AM PST by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals.")
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To: Oldeconomybuyer

checked climate change will be more expensive, but hey, no one on the left asks that question.

my january electric bill... $620 bucks... normally 400

brrrrrr


37 posted on 01/15/2018 8:10:15 AM PST by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world.)
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To: Oldeconomybuyer

It is time to ignore or ridicule these climate-change idiots.


38 posted on 01/15/2018 8:14:05 AM PST by Disestablishmentarian (u)
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To: Ruy Dias de Bivar

The “real problem” everywhere they exist is so-called “progressives”. What life losers.


39 posted on 01/15/2018 8:14:20 AM PST by hal ogen (First Amendment or Reeducation Camp?)
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To: UCANSEE2

“There is no doubt that MAN MADE warming is affecting the local weather and therefore climate.”

Really? How so? How can you be so sure?


40 posted on 01/15/2018 8:14:30 AM PST by SoCal Pubbie
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