Mssrs. Rubin, Bloomberg, and Paulson have sponsored a new report on the economic impact of climate change: These are all guys you can trust, right? Hmm… well, being green doesn’t mean just thinking about money, does it?
Actually, I have to hand it to them – they’re going to make lots of money no matter what happens, so I don’t believe that they have some nefarious financial scheme up their sleeves: they really believe it! Well, good for you, boys!
Rubin was heard pontificating about how climate change poses an “existential threat” to…us? civilization? the USA? The nuclear standoff during The Cold War, now that was an existential threat! Poverty, lack of sanitation, malaria, AIDS, those are existential threats to people in a lot of the world. I’m not so convinced about climate change.
Paulson is certain that we are at a tipping point for the planet, something that has been heard repeatedly from different quarters for the last fifty years. And then, there’s the money: valuable assets may go south once the warming starts and people realize they don’t want to burn coal anymore, or so he thinks. Seems also that millions of beachfront lots will be flooded and eventually destroyed. Isn’t that going on now? And farming will be disrupted, something that has happened before. Anybody recall The Dustbowl? We recovered.
Justin Gillis is the writer of the Times’ article, and this bit of his is so over the top, I’m wondering where his editor was:
Heat and humidity will probably grow so intense that spending time outside will become physically dangerous, throwing industries like construction and tourism into turmoil.
I don’t get that…if the climate of, say, NY, is going to shift south, i.e., become more like that of Georgia, are we to believe that the American South is currently a place where it is physically dangerous to go outside? Even if you’re white? C’mon, I mean Jim Crow is over, so even black people sit outside.
I could go on…