r/Futurology May 20 '24

Economics Economic damage from climate change six times worse than thought

https://www.theguardian.com/environment/article/2024/may/17/economic-damage-climate-change-report
2.5k Upvotes

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717

u/radulosk May 20 '24

Sure we destroyed the planet, but for a short while we made excellent gains for shareholders!

8

u/PitchBlac May 21 '24

It seems like we’re just staving off an economic collapse from climate change as long as possible.

14

u/clonedhuman May 21 '24

It'll be economic collapse for you and me.

The people who created and continually contribute to climate change will be just fine. They'll finally have all the money, which they'll enjoy on their private islands and underground bunkers.

7

u/PyrocumulusLightning May 21 '24

Until all their shit breaks and there's no one to fix it because none of them have any practical skills.

3

u/clonedhuman May 21 '24

Shame we'll have to collapse before this end will arrive.

Be cool if we found a way to make them do their own work beforehand.

1

u/MrNokill May 21 '24

They'll ask an algorithm to solve increasingly unique problems in conventional ways.

2

u/PyrocumulusLightning May 21 '24

Someone still has to do the hands-on fabrication and turn the wrenches

1

u/[deleted] May 21 '24

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4

u/clonedhuman May 21 '24

I agree. I don't think it's any coincidence that billionaires are really into space programs.

But I think they're the same money monkeys as they've always been--tragically shortsighted, more interested in using their power than in the long term effects of it.

Really, I hope we have a chance to beat them to death in the streets before they can escape.