Political economy suggests that geoengineering is likely to be used

  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Other countries would probably object to unilateral tinkering with the climate, and might fight over how much cooling to allow

Framework Convention on Climate Change. Humanity’s record of following through on its climate promises is dismal. The concentration of carbon dioxide in the atmosphere has risen by 15% since 1994. The average global temperature, relative to the norm for 1951-80, has gone up by about 0.5°C over that period. And in 2018 annual emissions reached their highest level ever. To have a good chance of stopping global temperatures rising more than 1.

Such costs might be borne, were it not for the dreadful political economy of climate-change mitigation. It is the stock of carbon in the atmosphere that determines how much warming there will be, not the flow. Warming today is the consequence of past emissions. Correspondingly, cuts are irksome when they are made but bring benefits only in the future. Furthermore, the benefits of reducing emissions are spread globally whereas the costs—of new power plants, vehicles and so on—are local.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Geoengineering is the cause of the weather manipulation they call climate change.

Beyond question is seldom stated: climate, just like weather, is a chaotic system, the direction of which is a random unknowable walk beyond a few years. Climate, however, appears stable vs weather, a truth upon which rests this awful group think (or more aptly, group feel).

To target fixed reduction to a fixed level of a variable, the outcome of which is the product of a CHAOTIC system (as chaotic as weather on a diff’rnt scale), is totally absurd. Why not combat plate tectonics while we’re at it?

alllibertynews The absurd stated aim of whatbisnat best an hysterical mob and at worst anpropoganda crazed leftwing conspiracy: “To have a good chance of stopping global temperatures rising more than 1.5°C relative to the pre-industrial norm, by 2030”....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Yelp is using its data to reveal the biggest winner and the biggest loser in today's economy — here's what it says about what consumers wantThe Yelp Economic Average indicates that many business sectors throughout the US are getting a boost. Yelp is a waste of time, nothing that is posted is true. How can we trust this ‘system’ of evaluating when it has been proven flawed..
Source: BusinessInsider - 🏆 729. / 51 Read more »