Are they the same? Covid is fast, sometimes visually brutal, singular. It hurts people like us, now. Climate Change is slow, sometimes visually brutal, most times invisible, has many pieces and many villains. It hurt 'them', now and in the future. From my article: Size does not matter; Time does; Having a clear villain does; …
Tag: imf
Daily Reading – 29/09/14
Yes, Yes, Yes: This is THE solution. We are all, in essence, subsidizing the carbon consumption of the heavy users. There is NO incentive to build alternative solutions today. http://www.forbes.com/sites/kitconews/2014/09/22/climate-change-is-single-biggest-risk-to-global-economy-paulson-at-cgi2014/?hootPostID=89606d4377cdfd4842e1fbbfcd24a935 When valuing the worth of most assets today, most of the value lies in something called the "terminal value" - which is the value belonging …