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1. rayine+(OP)[view] [source] 2021-01-23 03:30:50
Yes, but the cost of ratcheting down the economy through lockdowns to reduce emissions also has a continuing cost.

And no, climate change, even if we do nothing, won’t cause the economy to collapse by 2100: https://www.factcheck.org/2019/03/how-much-will-the-green-ne...

> “While it is true that we estimated damages as high as 10% of GDP annually at the end of the century for warming of 15°F above pre-industrial levels, the odds of a temperature change that would drive damages of this magnitude are slim,” he wrote. “In fact, they are less than 1-in-100 by our original calculation.”

It’s worth spending a lot of money to avoid a 10% GDP loss. But it’s not worth spending the kind of money you’d be willing to spend if you thought the economy was going to collapse completely otherwise.

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