Climate change is costing the world $16 million per hour: study
Climate change is costing the world $16 million per hour: study
Climate change costs $16 million per hour in damage, mostly due to extreme weather events. Policymakers should use this data to allocate funds to help countries rebuild.
You'd think this would give us some wiggle money to play with to build out new energy infrastructure. You're wrong though, there is no wiggle. We need all renewables like Germany.
Although the transition to EVs will require an enormous increase in base production capacity, it would be wasteful to build out nuclear to meet it.
$16m an hour might seem like a lot of damage, but nuclear can only exacerbate economic loss which is equally important as climatic loss.
Renewables now!
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That economic loss isn’t affecting the people it needs to affect for there to be real change. That’s the problem.
Privatize the Profits. Socialize the losses. It is known.