The lunatics at Forbes think we just can’t wait anymore
Climate Change Action Can’t Wait For Perfect Solutions
The climate crisis is no longer a future concern; it is a present-day emergency. Multiple reports from leading global bodies such as the IPCC, the World Meteorological Organization, the Copernicus Observatory, NOAA and others consistently warn that we must use every tool at our disposal to combat it.
The IEA and IRENA are among those suggesting solutions using the technologies we have and must develop by providing roadmaps to net zero by 2050, in general there is a plethora of such roadmaps and outlooks.
This isn’t bad, of course, but the path forward is far more complicated than identifying solutions. It’s about ensuring those solutions are genuinely effective and deployed to reduce or remove emissions.
Weirdly, cult writer Nils Rokke forgets to mention what actions he’s taken in his own life, other than “write about the global energy transition and net-zero emissions.”
One stark issue is the hidden cost of carbon, which impacts health, agricultural productivity, property damage, and ecosystems.
The European quota system, for instance, has seen prices of approximately $100, while recent studies, such as Adrien Bilal and Diego R. Känzig’s 2024 paper in the NBER Working Paper Series, suggest the actual social cost of carbon is an astounding $1,065 per ton for a one-degree increase in global temperature. So, who pays the gap of $900? We are far from paying the real cost.
For the average diesel or petrol car, this equates to a social cost of approximately $9 per US gallon. While European fuel prices already include significant taxes, implementing the true social cost would more than double current prices. This would be deeply unpopular, yet it’s a sobering reality: fuel taxation is the only area where we’re even close to covering the full social cost of carbon emissions.
I wonder where all that money would go? Government coffers as a slush fund to reward fellow Comrades as their cost of living skyrockets, perhaps? Because the cost of everything would increase. Food, clothes, shoes, homes, rent, vehicles, you name it.
The reality is that paying the full social cost of carbon seems unfeasible, but mounting evidence shows that the costs of inaction are even higher. For instance, former EU Commissioner for Science and Research and later Environment, Janez Poto?nik, recently highlighted at a conference that the devastating floods in Slovenia last year cost the country an amount equivalent to 16.9% of its national yearly revenue in 2023. This is just one stark example.
If the costs of inaction are so high then why do almost no Warmists ever do anything in their own lives? If they aren’t willing to voluntarily practice what they preach, why should the rest of us allow government to force us?
Americans are awesome – Part MCMXVII – And how you can help this family campground!
https://commoncts.blogspot.com/2024/10/americans-are-awesome-part-mcmxvii-and.html
Teach types: cult writer Nils Rokke forgets to mention what actions he’s taken in his own life
I doubt the writer forgot. I suspect he thought it irrelevant.
What has Mr Teach done in his own life to reduce government spending?
Nobel Laureates in Economics advise that negative externalities are unaccounted costs in a business transaction. For example, the societal costs of lung cancer related to tobacco smoking are not part of the price of cigarettes. Who should pay for the negative externalities associated with air and water pollution, global warming, asbestos remediation etc?
Ya really gotta stop the constant appeal to authority with stuff like “Nobel Laureates in Economics advise that”. It doesn’t matter at all what Nobel Laureates in economics advise or not. Fact is huge costs like these are facts and only society at large can cover those costs. I know I would rather see the the radical watermelons of the left be forced to pay for all the costs they impose on us in the name of their global warming cult but it can’t happen. You think America/the world is divided now? Try punishing people you disagree with and see what happens.
You are old enough to know shit happens by now. The societal costs of anything are just that, societal costs. We conservatives understand how leftists enjoy punishing people who do things the left doesn’t like but crushing individuals under the boot of government oppression because they smoked or drank, or got a clot shot or want to become trans won’t work.
I assume by your leading question you think grinding the tobacco companies out of business is the answer. As soon as every retired stockholder pays back their billions in dividends the grinding can begin. Remember, tobacco products were never made illegal and still aren’t.
So Rimjob, what are the costs of the negative externalities caused by a company that promotes and sells a stock (over $70M worth) based on a therapeutic cancer drug that doesn’t work?
Who should pay for that?
Lol
The climate cultists ARE doing things in their own lives to reduce carbon pollution, and Mr Teach so are you. Helping to sell the most fuel efficient cars made, Honda, helps a lot. Replacing those old but beloved incandescent bulbs sure helped, again thanks for doing that.
By doing those things Americans have lowered their own personal carbon footprint down 25% from its maximum even as our average electrical consumption increases. Renewables are the reason, all those wind turbines and solar farms
Actually Johnny, natural gas was the main reason
Jill,
Certainly, replacing coal with natural gas reduced US CO2 emissions.