Terrifying/Inspiring Thought of the Week
Photo by Jingming Pan on Unsplash
1.
The European Commission's long-term strategy "A Clean Planet for All" strategy posited a cost of 2.8% of GDP, while the IEA projected a need for 3% of GDP investment until 2050 to combat climate change effectively.
2.
The world's GDP is $101 Trillion (nominal, 2022).
3.
So what is needed is about $3 trillion per year.
4.
The 2024 annual Forbes list of the world's billionaires found a record 2,781 billionaires with a total net wealth of $14.2 trillion.
5.
That’s a good down payment.
Thanks Hudson. I'm skeptical that direct air capture can become economically viable at scale. But I'd be happy to be proven wrong. I need to do a little research into what you mentioned. If there is anything on the matter you think I should read - send it over.
Have you look at fossil fuel money? Revenue created from a 40% corporate income tax? The latter alone would pay off the national debt in less than five years. $3 trillion is chump change to the planet raping fossil fuel corporate sector. A decade of income. In a poor return on investment
decade. I think it is incorrect and unfair to look at the worlds money dynamic. We should tie this strictly to fossil fuels. We're gonna have to get serious about it. Market incentives and lip service isn't going to make any statistically significant mitigation in the human extinction event. Governments are going to have to see is entire corporations liquidating assets and recycling resources. In anjust world executives would be indicted, prosecuted and punished for their moral bankruptcy and planet raping crimes.
Maybe there is something to the estrogen bombardment of the current day existence. These people are not only killing the human race but every single complex complex life form on the planet. It is quite possible the demise in or not so just don't future couldn't leave only single celled organisms in existence. Hell, it could leave Venus.
And we're bitching about it on Tweeter.....
Phuk me runnin'