New study estimates global warming of 2.5 centigrade degrees by 2100 would put at risk trillions of dollars of world’s financial assets. Grantham Research Institute on Climate Change and the Environment.
The lead author on the paper, Professor Simon Dietz, said: “Our results may surprise investors, but they will not surprise many economists working on climate change because economic models have over the past few years been generating increasingly pessimistic estimates of the impacts of global warming on future economic growth. But we also found that cutting greenhouse gases to limit global warming to no more than 2°C substantially reduces the climate Value at Risk, particularly the tail risk of big losses.”Canadian company pays Tesla Model 3 deposits for its employees. Clean Technica.
excerpt from William Gibson's The Peripheral.
as quoted at naked capitalism
It was androgenic, he said, and she knew from Ciencia Loca and National Geographic that meant because of people. Not that they’d known what they were doing, had meant to make problems, but they’d caused it anyway. And in fact the actual climate, the weather, caused by there being too much carbon, had been the driver for a lot of other things. How that got worse and never better, and was just expected to, ongoing. Because people in the past, clueless as to how that worked, had fucked it all up, then not been able to get it together to do anything about it, even after they knew, and now it was too late.
So now, in her day, he said, they were headed into androgenic, systemic, multiplex, seriously bad shit, like she sort of already knew, figured everybody did, except for people who still said it wasn’t happening, and those people were mostly expecting the Second Coming anyway. She’d looked across the silver lawn, that Leon had cut with the push-mower whose cast-iron frame was held together with actual baling wire, to where moon shadows lay, past stunted boxwoods and the stump of a concrete birdbath they’d pretened was a dragon’s castle, while Wilf told her it killed 80 percent of every last person alive, over about forty years. …
No comets crashing, nothing you could really call a nuclear war. Just everything else, tangled in the changing climate: droughts, water shortages, crop failures, honeybees gone like they almost were now, collapse of other keystone species, every last alpha predator gone, antibiotics doing even less than they already did, diseases that were never quite the one big pandemic but big enough to be historic events in themselves. And all of it around people: how people were, how many of them there were, how they’d changed things just by being there. …
But science, he said, had been the wild card, the twist. With everything stumbling deeper into a ditch of shit, history itself become a slaughterhouse, science had started popping. Not all at once, no one big heroic thing, but there were cleaner, cheaper energy sources, more effective ways to get carbon out of the air, new drugs that did what antibiotics had done before, nanotechnology that was more than just car paint that healed itself or camo crawling on a ball cap. Ways to print food that required much less in the way of actual food to begin with. So everything, however deeply fucked in general, was lit increasingly by the new, by things that made people blink and sit up, but then the rest of it would just go on, deeper into the ditch. A progress accompanied by constant violence, he said, by sufferings unimaginable. …
None of that, he said, had necessarily been as bad for very rich people. The richest had gotten richer, there being fewer to own whatever there was. Constant crisis bad provided constant opportunity. That was where his world had come from, he said. At the deepest point of everything going to shit, population radically reduced, the survivors saw less carbon being dumped into the system, with what was still being produced being eaten by those towers they’d built… And seeing that, for them, the survivors, was like seeing the bullet dodged.
“The bullet was the eighty percent, who died?”
No comments:
Post a Comment