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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
Trying to prevent climate change is much more expensive than adapting to it, if it happens.

41 posted on 01/15/2018 8:16:09 AM PST by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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To: Paladin2
A new Ice Age would be a real problem.

Exactly! A lot of what is said about the dangers and costs of climate change are correct. However, the premise that we need to give up fossil fuels in order to mitigate the problem is the real hoax.

42 posted on 01/15/2018 8:17:15 AM PST by the_Watchman
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To: Oldeconomybuyer

How is climate change, if it were actually not a scam for more money, costly???

It seems we all would save money since food could be grown in more regions and there would be less need for heating.


43 posted on 01/15/2018 8:17:38 AM PST by CodeToad (CWII is coming. Arm Up! They Are!)
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To: Bryanw92
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.

"We pretend to work, they pretend to pay us."

44 posted on 01/15/2018 8:18:14 AM PST by bassmaner (Hey commies: I am a' white male, and I am guilty of NOTHING! Sell your 'white guilt' elsewhere.)
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To: Oldeconomybuyer

It’s going to cost a lot of individuals and organizations their reputation. Gore won’t care. It could be a disaster for others. They will be the prime example of “bad science” for generations.


45 posted on 01/15/2018 8:18:41 AM PST by LostPassword
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To: Oldeconomybuyer

If climate change
Then total world wide government control of all human activity

Simple logic.

Fortunately:

Climate Change = False


46 posted on 01/15/2018 8:18:41 AM PST by DungeonMaster (Goblins, Orcs and the Undead: Metaphors for the godless left.)
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To: Scott from the Left Coast

...Unchecked boobs are stupendous...
As edited by NBC political editors.


47 posted on 01/15/2018 8:18:58 AM PST by steve8714 (Primary ALL Republican senators. Yeah, all.)
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To: Oldeconomybuyer
Thirty plus years of Armageddon and I can't think of one prediction these “scholars” made that actually happened!! Liberal bullsh!t to confiscate more money!!!
48 posted on 01/15/2018 8:20:07 AM PST by ontap
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To: Oldeconomybuyer

49 posted on 01/15/2018 8:21:06 AM PST by chris37 (Take a week off racist >;-)
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To: tomkat

Is that picture from the movie “Them”? Classic Sci Fi.


50 posted on 01/15/2018 8:23:18 AM PST by Brooklyn Attitude (The first step in ending the war on white people is to recognize it exists.)
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To: UCANSEE2

Oh really?

I have a lot of doubt. Nothing but doubt, in fact.

Therefore, your statement is false.


51 posted on 01/15/2018 8:23:33 AM PST by chris37 (Take a week off racist >;-)
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To: butlerweave
"In other words, unchecked climate change is going to be terrifically expensive."

That right there has to be the most arrogant, ignorant, self grandeur, idiotic, unscientific, declaration ever. Like man has the ability to check or uncheck the relationship between the sun, space, and earth, and the weather their dynamics it creates?

Suckers born every second I suppose who just have to live Chicken Littles public declarations.

52 posted on 01/15/2018 8:23:55 AM PST by blackdog
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To: FreedomPoster
Leftist CAGW true believers

... is a pleonasm masquerading as a redundancy.

53 posted on 01/15/2018 8:42:36 AM PST by Lonesome in Massachussets (Psephomancers for Hillary!)
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To: Brilliant

Not merely nuclear, but nuclear energy production based on Thorium-fueled Molten Salt plants, virtually giving up altogether on Uranium-fueled Light Water plants.

There is approximately four times as much Thorium in the earth’s crust as Uranium, and extraction is both easier, and preparation for use less expensive. Thorium, in and of itself, cannot become fissile, making it useless for the production of nuclear weapons (and the reason it was never adopted), but with the addition of some “seed” fissile elements, from “spent” Uranium fuel rods, a sustained but controllable chain reaction may be initiated, providing a long-lasting power source for the generation of electricity and means of producing potable water from sea water and otherwise polluted water.

It is impossible for a Thorium-fueled Molten Salt plant to go into a China Syndrome kind of meltdown, and the eventual production of “spent” atomic waste is much lower than with a Uranium-fueled Light Water plant.

Almost ever objection to using atomic energy to power our national economy is overcome by using the Thorium-fueled Molten Salt reactors, which in addition to being less dangerous, may be scaled in size and put in closer to point of consumption of power, thus eliminating the vulnerability of widespread grids bringing power from hundreds of miles away.


54 posted on 01/15/2018 8:42:55 AM PST by alloysteel (Sometimes I have to tell myself, it just isn't worth the jail time.)
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To: Oldeconomybuyer

Check,please!


55 posted on 01/15/2018 8:44:03 AM PST by Leep (The dims better watch it..Trump is CRAZY!!)
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To: Red Badger
Ryan Cooper is an idiot...................

First rule of Dunning Krieger club is, "You don't know you're in the Dunning Krieger club." Maybe someone should point out his membership to him.

56 posted on 01/15/2018 8:44:38 AM PST by from occupied ga (Your government is your most dangerous enemy)
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To: onedoug

If only there was some positive to warmer weather and a longer growing season.


57 posted on 01/15/2018 8:47:11 AM PST by Rinnwald
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To: Oldeconomybuyer
Climate change is first and foremost a threat to human society.

No. The Greatest threat to humanity is socialist liars trying to use propaganda to stampeded stupid people into giving them power.

58 posted on 01/15/2018 8:48:05 AM PST by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: Brilliant

This is why we need nuclear.


And this is proof that the climate doomsayers don’t really believe in the doom or they would be proponents of nuclear power for three very big reasons:

1. The technology really has gotten incredibly much better since the 3-mile-island days

2. Local nuclear accidents (like in Japan) do NOT have the capability to end the world unlike “climate change” which according-to-them DOES.

3. It definitely has a low “carbon footprint”.

So if you REALLY believe in Climate Apocalypse, you would support nuclear power TODAY!


59 posted on 01/15/2018 8:54:52 AM PST by samtheman (Liberalism is a mental disease.)
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To: Oldeconomybuyer

Unchecked climate change is going to be stupendously expensive


Then that’s GOOD news. It means more jobs. :-P


60 posted on 01/15/2018 8:59:23 AM PST by robroys woman (So you're not confused, I'm male.)
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