Climate change costs $16 million per hour in damage, mostly due to extreme weather events. Policymakers should use this data to allocate funds to help countries rebuild.

You'd think this would give us some wiggle money to play with to build out new energy infrastructure. You're wrong though, there is no wiggle. We need all renewables like Germany.

Although the transition to EVs will require an enormous increase in base production capacity, it would be wasteful to build out nuclear to meet it.

$16m an hour might seem like a lot of damage, but nuclear can only exacerbate economic loss which is equally important as climatic loss.

Renewables now!

  • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
    ·
    1 year ago

    Sure, but that's generally ignored by company owners and investors. All companies try to do is to maximize profit for each quarter, this tends to be the singular metric which is completely at odds with any sort of long term planning.

      • verdigris@lemmy.ml
        ·
        1 year ago

        And even if they did, in many cases they'd be legally obliged to ignore it in favor of profits this quarter. At least in the US.