Sleepwalking into the storm A perverse economic logic is bringing the climate crisis and extreme weather ever nearer.

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spacecadet84@reddit

Oh right. That's ok then, the model cooked up by these hacks, bought and paid for by Big Oil, says that everything will be fine. That's fine, everything's fine.

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Bandits101@reddit

What is the so called “renewables” and electric vehicle industry worth to the economy. They are parasitic on an infrastructure built and maintained with FF’s.

They are entirely dependent on the host. The host of course are the various FF industries that are burning through our bonanza of ancient stored sunlight. Inevitably when the host dies so dies all the dependent industries, including renewables.

That is the predicament we’ve engineered ourselves into.

Economies of every stripe, government agencies, food, utilities, health, education, transport, air travel, chemical, weaponry, mining, wholesale, retail, defence, entertainment, hospitality, tourism, manufacturing, judiciary, law enforcement…..

We are handcuffed and keys are lost. We will chew our arms off to keep the “economy” and greater human organism alive until the very end. 2, 3 , 4 degrees will pass and be forgotten on our way to perdition. Rant over.

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lampenstuhl@reddit (OP)

SS: Article describing the flawed economic models behind current adaptation and mitigation models: The future is valued less than the present.

the consensus in global policymaking on climate has become a commitment to wishful thinking and wilful blindness, of asserting that the idea of 1.5°C is still alive while disregarding the fact that virtually all plans for meeting climate targets will blow right past that threshold, propelling us into a truly unknown future and gambling that we will be able to turn the clock, effectively, in reverse. For many of us, this cognitive dissonance, once known, is difficult to accommodate. For economics, however, it is the modus operandi: the wellbeing of those in the future is, almost by definition, worth less than our own, and so prioritising the protection of economic value now is more than justified.

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the consensus in global policymaking on climate has become a commitment to wishful thinking and wilful blindness, of asserting that the idea of 1.5°C is still alive while disregarding the fact that virtually all plans for meeting climate targets will blow right past that threshold, propelling us into a truly unknown future and gambling that we will be able to turn the clock, effectively, in reverse. For many of us, this cognitive dissonance, once known, is difficult to accommodate. For economics, however, it is the modus operandi: the wellbeing of those in the future is, almost by definition, worth less than our own, and so prioritising the protection of economic value now is more than justified.

They trace this back to new investments in oil, political negligence of the climate crisis, etc.

Please reply to OP's comment here: https://old.reddit.com/r/collapse/comments/1g4kfjn/sleepwalking_into_the_storm_a_perverse_economic/ls43ncg/