this post was submitted on 17 Aug 2026
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[–] kestrel7_7@lemmy.world 2 points 1 hour ago (1 children)

I think there’s a lot of money to be made in confronting climate change… but it will be made more than two fiscal quarters in the future, so capitalists are not just willing, but actually proud to ignore it.

[–] mushroommunk@lemmy.today 2 points 52 minutes ago

You'd be correct. Recent estimates are that climate change caused issues will reduce global income by about 15% and cost $40 trillion annually by 2050.

They'd make more money by tackling climate change. It's in the math. But that math has to be done over multiple years not just next quarter as you said.