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  • Aeson
    replied
    Kid would have told Hitler that if he just took the Jewish gold and invested it in index funds, then paid a portion of it back to Israel a few decades later, he could morally have his Holocaust as his investments increased more than the price of gold.

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  • Aeson
    replied
    Originally posted by Kidicious View Post
    No. What is the present value of $10t in 2100?
    Originally posted by giblets View Post
    The sh!t believers in capitalist ideology say...


    It’s worse when you read his article and find out he’s pricing the suffering of millions and deaths of hundreds of thousands of Americans and altogether ignoring the suffering of hundreds of millions and deaths of tens of millions around the world. And that is only a fraction of the effects in a relatively short timeframe.

    I mean, I can understand a denier being unconcerned with it, as they just don’t understand the problem. But Kid takes Climate Change to a whole new level of genocidal accounting.
    Last edited by Aeson; September 7, 2019, 15:35.

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  • Aeson
    replied
    Originally posted by Kidicious View Post
    No. What is the present value of $10t in 2100?
    First, you’re ignoring your own source. $10 trillion is only the increased cost between the bad and worse scenarios. It’s not the cost between ok and bad, and definitely not the cost increase from ideal to worse.

    Second, you’re ignoring that your own source says they are only looking at a fraction of potential costs.

    Third, the cost of addressing the issue are not all up front, yet you are treating them like they are.

    Fourth, they aren’t factoring in inflation or cost of capital on the negative effects side either. So including it on the cost side is unwarranted.

    In short, you are comparing a whole lot of apples to a variable number of highly leveraged round objects that may be oranges or watermelons or hand grenades.

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  • giblets
    replied
    Originally posted by Kidicious View Post
    No. What is the present value of $10t in 2100?
    Originally posted by Kidicious View Post
    Around $90b
    The sh!t believers in capitalist ideology say...

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  • Kidlicious
    replied
    Around $90b

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  • Kidlicious
    replied
    No. What is the present value of $10t in 2100?

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  • Aeson
    replied
    Originally posted by Kidicious View Post

    Maybe doing nothing is a lot cheaper.

    https://www.yaleclimateconnections.o...nomy-billions/
    So they say it costs us $10 trillion to miss by a bit more. So it’s more than double that to start with, and that’s only the cost to 2100, the costs keep adding up (and increasing in rate indefinitely)

    And as they note ...

    this Technical Report captures just a fraction of the potential risks and damages that may be avoided or reduced


    Yah ... your source says it will cost a lot more in the long run to not address the issue.

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  • Kidlicious
    replied
    Originally posted by Proteus_MST View Post

    Under Governor Arnold Schwarzenegger, who actually cared for the environment ... he was quite a bit to political leftr of the current federal GOP government
    He moved to the left while he was governor. He wasn't even a moderate. True RINO. And that's when California went full blue. It's mostly his fault.

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  • Proteus_MST
    replied
    Originally posted by Kidicious View Post
    And California used to be Republican. Not anymore.
    Under Governor Arnold Schwarzenegger, who actually cared for the environment ... he was quite a bit to political leftr of the current federal GOP government

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  • Kidlicious
    replied
    And California used to be Republican. Not anymore.

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  • giblets
    replied
    GDP per capita
    California: $74,205
    Oklahoma: $50,613

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  • Kidlicious
    replied
    No Republicans = California

    Um.... No thank you

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  • Kidlicious
    replied
    Originally posted by giblets View Post
    Become a socialist nation to save the human race from extinction
    No really. Stop.

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  • giblets
    replied
    Become a socialist nation to save the human race from extinction

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  • Kidlicious
    replied
    Sure, we'll just become a socialist nation to save 284billion.

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