Tuesday, June 24, 2014
Bi-partisan capitalist report: climate change is bad for business
See this article. It's not just climate scientists concerned about life overall. It's capitalists that know how to measure their bottom line and it is already, and will continue to be, drastically affected by climate change. Its effects included "dramatic declines in agricultural yields, loss of productivity due to intense heat and up to $35 billion spent dealing with coastal storms." "Paulson blamed a mindset of 'short-termism' in both the business community and in Washington for the fact that there isn't more emphasis on climate-related risks." Perhaps a better term is don't-give-a fuckism, as in anything other than a profit. The above capitalists can think beyond the bottom line while still keeping the latter in mind.