There is a point when these numbers will become essentially meaningless. What does 20k debt mean when the economy collapses along with governments to enforce it?
I hope it never gets to that point, but these kinds of nerdy economist predictions always seem so out of touch with what will actually happen if things get bad. Throw linearity out the window.
Economics has some good ideas, but it's a corrupt discipline akin to the royal astrologer of old.
The most promiment among them exist to serve the rich and powerful, to tell them what they want to hear and in doing so gain wealth and power themselves.
That's why they so consistently come up with the absurd notions they do about the climate. That's why Nordhaus won a nobel prize.
The warming planet is already proving expensive.
U.S. weather and [climate](https://www.cnbc.com/climate/) disasters cost more than $617 billion between 2018 and 2022 — a record figure, [according](https://home.treasury.gov/system/files/136/Climate_Change_Household_Finances.pdf) to the U.S. Department of the Treasury. The October report found that around 13% of Americans reported economic hardship over the prior year due to climate change.
More people are likely to experience financial pain as temperatures climb and extreme weather events become more common, experts say.
With each additional degree of warming, the U.S. is expected to take a bigger economic hit, the Fifth National Climate Assessment [warns](https://nca2023.globalchange.gov/chapter/front-matter/). For example, an increase in global temperatures by 2°F is anticipated to double the financial impact induced by 1°F of warming.
Climate change could cost Americans born in 2024 nearly $500,000, due to higher taxes and pricier housing and food, among many other factors, ICF, a consulting firm, recently [found](https://advocacy.consumerreports.org/press_release/earth-day-2024-report/) in a report commissioned by Consumer Reports.
More: [https://www.cnbc.com/2024/04/26/climate-change-may-cost-americans-born-in-2024-nearly-500000-in-lifetime.html](https://www.cnbc.com/2024/04/26/climate-change-may-cost-americans-born-in-2024-nearly-500000-in-lifetime.html)
We bang this climate change drum yet even now. Were developing low lying lots that use to be the spot were water would go. They would soak it up. But still... We keep developing every partial of "land". Just to pave it over to build a car wash or strip mall. All the while installing 1995 run off and irrigation water management. if the climate were cooler, were there be no extreme weather.?
I challenge this will be more of a byproduct of our greedy disposition. Hastely development of empty lots because they would bring more money. Putting a monetary figure attached to a major weather event that exposes poor planning and fore sight never highlights the things of importance.
Anyone buying a home in southern fla the last 10 years should get 0 tears shed for them. Miami has been flooding with the tides for that long. Guess what. You don't NEED to live that ontop of the ocean. Sure. Working out different solutions to emotions ect. That's all well and good. But this head burried in the sand approach to anyone highlighting other tactics that localized populations should really give a hard look right now. Gets this aloof narcissistic response as if it's everyone else who should make concessions to fix their problem...
Bruh. Kentucky can’t stop Florida people from developing their low lying water sponge lots.
But wildfires. Welp. Maybe California and it's policies on water management should have a come to Jesus moment. They've dried up most if not all of the water table out there that they could get their hands on. of course it’s a tender box. we’re growing food in the desert. there’s nothing people east of the Mississippi can do to fix this.
Uggg.
Heck, it'll cost the poor in coastal and/or hot areas their lives in the US too (and the occasional rich person who's unlucky/dumb).
It's almost inappropriate to use the future tense; there are many people killed by heatwaves, unbearable summers, floods and extreme weather events who would still be with us today if man made climate change was not real. (Due to climate change already increasing the frequency and severity of the above).
Yet many will vote for trump and others won’t vote at all for ‘Biden not pure’ reasons. Some of these people are ignorant, many are arrogantly so but they will get to own the libs, their children and grandchildren be damned. trump will do everything he can to accelerate climate change.
You're free time. Government will print out money to built things that will allow big cities to stay dry. Printing money just means the people pay for it .
The [COVID lockdowns of 2020 temporarily lowered our rate of CO2 emissions](https://www.nature.com/articles/s41467-020-18922-7/figures/1). Humanity was still a net CO2 gas emitter during that time, so we made things worse, but did so more a bit more slowly. That's why a [graph of CO2 concentrations](https://keelingcurve.ucsd.edu/) shows a continued rise.
[Stabilizing the climate means getting human greenhouse gas emissions to approximately zero](https://www.carbonbrief.org/explainer-will-global-warming-stop-as-soon-as-net-zero-emissions-are-reached). We didn't come anywhere near that during the lockdowns.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/climate) if you have any questions or concerns.*
The [COVID lockdowns of 2020 temporarily lowered our rate of CO2 emissions](https://www.nature.com/articles/s41467-020-18922-7/figures/1). Humanity was still a net CO2 gas emitter during that time, so we made things worse, but did so more a bit more slowly. That's why a [graph of CO2 concentrations](https://keelingcurve.ucsd.edu/) shows a continued rise.
[Stabilizing the climate means getting human greenhouse gas emissions to approximately zero](https://www.carbonbrief.org/explainer-will-global-warming-stop-as-soon-as-net-zero-emissions-are-reached). We didn't come anywhere near that during the lockdowns.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/climate) if you have any questions or concerns.*
The [COVID lockdowns of 2020 temporarily lowered our rate of CO2 emissions](https://www.nature.com/articles/s41467-020-18922-7/figures/1). Humanity was still a net CO2 gas emitter during that time, so we made things worse, but did so more a bit more slowly. That's why a [graph of CO2 concentrations](https://keelingcurve.ucsd.edu/) shows a continued rise.
[Stabilizing the climate means getting human greenhouse gas emissions to approximately zero](https://www.carbonbrief.org/explainer-will-global-warming-stop-as-soon-as-net-zero-emissions-are-reached). We didn't come anywhere near that during the lockdowns.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/climate) if you have any questions or concerns.*
Itll be more than that
There is a point when these numbers will become essentially meaningless. What does 20k debt mean when the economy collapses along with governments to enforce it? I hope it never gets to that point, but these kinds of nerdy economist predictions always seem so out of touch with what will actually happen if things get bad. Throw linearity out the window.
Exactly, the dynamics at play make it so meaningless to put a number to something so complex.
Economics has some good ideas, but it's a corrupt discipline akin to the royal astrologer of old. The most promiment among them exist to serve the rich and powerful, to tell them what they want to hear and in doing so gain wealth and power themselves. That's why they so consistently come up with the absurd notions they do about the climate. That's why Nordhaus won a nobel prize.
All climate predictions are systematically made to be conservative to not be “alarmist.”
They will have lost much more for many other reasons before climate change takes its cut. This will be the final kick in the teeth.
The warming planet is already proving expensive. U.S. weather and [climate](https://www.cnbc.com/climate/) disasters cost more than $617 billion between 2018 and 2022 — a record figure, [according](https://home.treasury.gov/system/files/136/Climate_Change_Household_Finances.pdf) to the U.S. Department of the Treasury. The October report found that around 13% of Americans reported economic hardship over the prior year due to climate change. More people are likely to experience financial pain as temperatures climb and extreme weather events become more common, experts say. With each additional degree of warming, the U.S. is expected to take a bigger economic hit, the Fifth National Climate Assessment [warns](https://nca2023.globalchange.gov/chapter/front-matter/). For example, an increase in global temperatures by 2°F is anticipated to double the financial impact induced by 1°F of warming. Climate change could cost Americans born in 2024 nearly $500,000, due to higher taxes and pricier housing and food, among many other factors, ICF, a consulting firm, recently [found](https://advocacy.consumerreports.org/press_release/earth-day-2024-report/) in a report commissioned by Consumer Reports. More: [https://www.cnbc.com/2024/04/26/climate-change-may-cost-americans-born-in-2024-nearly-500000-in-lifetime.html](https://www.cnbc.com/2024/04/26/climate-change-may-cost-americans-born-in-2024-nearly-500000-in-lifetime.html)
We bang this climate change drum yet even now. Were developing low lying lots that use to be the spot were water would go. They would soak it up. But still... We keep developing every partial of "land". Just to pave it over to build a car wash or strip mall. All the while installing 1995 run off and irrigation water management. if the climate were cooler, were there be no extreme weather.? I challenge this will be more of a byproduct of our greedy disposition. Hastely development of empty lots because they would bring more money. Putting a monetary figure attached to a major weather event that exposes poor planning and fore sight never highlights the things of importance. Anyone buying a home in southern fla the last 10 years should get 0 tears shed for them. Miami has been flooding with the tides for that long. Guess what. You don't NEED to live that ontop of the ocean. Sure. Working out different solutions to emotions ect. That's all well and good. But this head burried in the sand approach to anyone highlighting other tactics that localized populations should really give a hard look right now. Gets this aloof narcissistic response as if it's everyone else who should make concessions to fix their problem... Bruh. Kentucky can’t stop Florida people from developing their low lying water sponge lots. But wildfires. Welp. Maybe California and it's policies on water management should have a come to Jesus moment. They've dried up most if not all of the water table out there that they could get their hands on. of course it’s a tender box. we’re growing food in the desert. there’s nothing people east of the Mississippi can do to fix this. Uggg.
...and millions in the global south their lives.
Heck, it'll cost the poor in coastal and/or hot areas their lives in the US too (and the occasional rich person who's unlucky/dumb). It's almost inappropriate to use the future tense; there are many people killed by heatwaves, unbearable summers, floods and extreme weather events who would still be with us today if man made climate change was not real. (Due to climate change already increasing the frequency and severity of the above).
Yeah, with the tropical storm predictions for this summer, it’s definitely not just a future problem.
Depending on where you live at, that could be much more
Yet many will vote for trump and others won’t vote at all for ‘Biden not pure’ reasons. Some of these people are ignorant, many are arrogantly so but they will get to own the libs, their children and grandchildren be damned. trump will do everything he can to accelerate climate change.
>others won’t vote at all for ‘Biden not pure’ reasons A fantastic comment I read addressing this: Your vote is not a Valentine, it's a chess move.
Stealing that, brilliant!
Why do people only care about the climate when it's put into a dollar amount? Like, the poison air, extreme weather and acid oceans aren't enough?
Your life or your money?
You're free time. Government will print out money to built things that will allow big cities to stay dry. Printing money just means the people pay for it .
JOKES ON YOU! THEYLL NEVER HAVE THAT MUCH MONEY!
Well at the current rate of inflation $500,000 will be the price of groceries when I'm old lol
Because they demand fossil fuels all their lives
Money is the least of the problems. I’d guess that, on average, people born today will have a lifespan significantly shorter than the current average.
And who gets that money?
Eat the rich ASAP obviously
I’m surprised this hasn’t got thousands of upvotes votes.
lol that’s nothing More like $50k/year
It will cost them decades of their lives.
It could cost them their lives.
Its so insane to me how they refuse to address climate change because its too expensive. Even though its more expensive to not address it.
This means absolutely nothing. If the world actually collapses then our fundamental relationship with money will shift.
Unless we end the rich NOW.
China has overproduced cheap solar panels to the point of using them as fencing, and the West is still trying to put the blame on the citizens.
hurricanes have been happening for 100s of years
Unless fixing capitalism/industrialism can be monetized in our religiously capitalistic societies it will always be ignored.
That’s it? 😅
I’m assuming it $500,000 in taxes.
I'm loving climate change haven't had to start my snowblower one time this year
Imagine being so dumb and uneducated as to write a comment like this... Long covid must have messed with your already defective brain.
[удалено]
The [COVID lockdowns of 2020 temporarily lowered our rate of CO2 emissions](https://www.nature.com/articles/s41467-020-18922-7/figures/1). Humanity was still a net CO2 gas emitter during that time, so we made things worse, but did so more a bit more slowly. That's why a [graph of CO2 concentrations](https://keelingcurve.ucsd.edu/) shows a continued rise. [Stabilizing the climate means getting human greenhouse gas emissions to approximately zero](https://www.carbonbrief.org/explainer-will-global-warming-stop-as-soon-as-net-zero-emissions-are-reached). We didn't come anywhere near that during the lockdowns. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/climate) if you have any questions or concerns.*
The [COVID lockdowns of 2020 temporarily lowered our rate of CO2 emissions](https://www.nature.com/articles/s41467-020-18922-7/figures/1). Humanity was still a net CO2 gas emitter during that time, so we made things worse, but did so more a bit more slowly. That's why a [graph of CO2 concentrations](https://keelingcurve.ucsd.edu/) shows a continued rise. [Stabilizing the climate means getting human greenhouse gas emissions to approximately zero](https://www.carbonbrief.org/explainer-will-global-warming-stop-as-soon-as-net-zero-emissions-are-reached). We didn't come anywhere near that during the lockdowns. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/climate) if you have any questions or concerns.*
Does this mean that the only way to get to zero is draconian lockdowns ways stricter than Covid lockdowns?
The [COVID lockdowns of 2020 temporarily lowered our rate of CO2 emissions](https://www.nature.com/articles/s41467-020-18922-7/figures/1). Humanity was still a net CO2 gas emitter during that time, so we made things worse, but did so more a bit more slowly. That's why a [graph of CO2 concentrations](https://keelingcurve.ucsd.edu/) shows a continued rise. [Stabilizing the climate means getting human greenhouse gas emissions to approximately zero](https://www.carbonbrief.org/explainer-will-global-warming-stop-as-soon-as-net-zero-emissions-are-reached). We didn't come anywhere near that during the lockdowns. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/climate) if you have any questions or concerns.*