Economic damage from climate change six times worse than thought | A 1C increase in global temperature leads to a 12% decline in world gross domestic product, researchers have found - eviltoast
    • NarrativeBear@lemmy.world
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      6 months ago

      Only way to make people change their ways, if it hurts the bottom line then action is usually taken.

      This is why government regulation should be harsher, and fines should be proportional to company income.

      If the fine is too low it just becomes the cost of doing business.

      • Rimu@piefed.social
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        6 months ago

        It might cost more overall but it will be different people paying that cost (taxpayers and poor, mostly) whereas if we took action now it would be the capitalists paying for it.

        • lefaucet@slrpnk.net
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          6 months ago

          New acronym just dropped.

          NIMQE - Not in my quarterly earnings! Pronounced Nimquee

          Example usage: The CEO, upon receiving word of a new bill that would drastically help reduce carbon emissions but also create a temporary negative pressure on their multinational’s earnings per share, pulled a suitcase full of cash from their file cabinet and walked out the door, calling up the governor to arrage a round of golf where they would declare NIMQE.

    • PixellatedDave@lemmy.world
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      6 months ago

      It all makes perfect sense Expressed in dollars and cents Pounds shillings and pence Can’t you see It all makes perfect sense

      • Roger Waters