Sadly it appears that capitalism will not be overthrown in time to avoid the 2 degree rise by 2030
climate change may end up extending the life of capitalism by stimulating demand for air conditioners, new construction in cooler areas and sea walls.
may end up extending the life of capitalism by stimulating demand for air conditioners, new construction in cooler areas and sea walls.
I don’t know how you came to this assessment when we’ve all seen how the US reacted to the wildfires and COVID. I expect stuff like that to happen in socialism (PRC built 2 hospitals immediately for example during COVID) instead.
Yes the US will do a minimalist response, but this will still be a huge amount of spending, but much less than any Green New Deal etc
Fires: No attempt made to upgrade California power infrastructure, many wealthy companies and households bought emergency generators for their own use
Seawalls: they will build seawalls around places they care about: London, Manhattan, Venice, Netherlands. Other places will be allowed to go underwater - Bangladesh, New Orleans, South Florida, Pacific Islands