Negative economic/physical impact of climate change is also deeply regressive. The wealthy are far more insulated. The only conclusion that follows is it's better to be rich than poor. The costs are real whether you reflect them in pricing or not... http://policyintegrity.org/files/publications/ExpertConsensusReport.pdf …
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Replying to @geoffmprice @JSegor and
Negative impact of aggressively addressing climate change with current technology would also be hugely negative on the poor via a suppressed economy.
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Replying to @ScottAdamsSays @JSegor and
That was my point – the poor lose either way, worse in the do-nothing case (because net economic outcomes are worse). Who else absorbs the brunt of net economic negativity, the wealthy? Economic impact either way. A 'third path' with no hit requires passing new laws of physics.
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Replying to @geoffmprice @JSegor and
We can’t know which path is worse for the poor. Too many variables.
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Replying to @ScottAdamsSays @geoffmprice and
My reading right now from some of the best scientists in the world is inaction is no longer an option. We should have started budgeting in 2010. It is going to have to work for the poor, middle class, rich. You either incur transition costs, physical costs or both. Not a game.
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Replying to @JSegor @geoffmprice and
Would you agree that climate alarmism of the past was overblown in the sense that we are not already losing major cities to flooding?
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Replying to @ScottAdamsSays @geoffmprice and
There has been flooding due to AGW influences, but not New York City underwater kind of flooding. Al Gore did a lot of damage by trying to predict instead of basing his views on scientific projections. Most of the exaggerations have been by pundits, politicians and newspapers.
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Replying to @JSegor @geoffmprice and
Gore's views were based on scientific projections. He didn't make up that stuff on his own.
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Replying to @OtherCoulter @ScottAdamsSays and
Here is a whole video on successful predictions (projections, etc.):https://youtu.be/RICBu_P8JWI
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Successes are only meaningful if you know how many missed predictions there were in the same space.
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