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The second thing is, if you want to do something about global warming, you have to think much more long-term. There is something wrong with saying we should start using renewables now, while they are still incredibly expensive. ↗
To prepare adequately for the challenge of global warming, we must acknowledge both the good and the bad that it will bring. If our starting point is to prove that Armageddon is on its way, we will not consider all of the evidence, and will not identify the smartest policy choices. ↗
#adequately #armageddon #bad #both #bring
To some, a cap-and-trade system might sound like a neat approach where the market sorts everything out. But in fact, in some ways it is worse than a tax. With a tax, the costs are obvious. With a cap-and-trade system, the costs are hidden and shifted around. For that reason, many politicians tend to like it. But that is dangerous. ↗
We have to be aware that the scientific community throws up tons of different hypotheses and at a certain point we'll find out who was right and who was wrong. But we have to go with the best information right now, which I would claim to be the IPCC reports. ↗
We worry about the seemingly ever-increasing number of natural catastrophes. Yet this is mainly a consequence of CNN - we see many more, but the number is roughly constant, and we manage to deal much better with them over time. Globally, the death rate from catastrophes has dropped about fifty-fold over the past century. ↗
