“Bloomberg's $50 million is not going to revolutionize the electric power industry. But his willingness to fight is already inspiring others to see Big Coal differently.”
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In the U.S. alone, weather disasters caused $50 billion in economic damages in 2010.
Geoengineering - the deliberate, large-scale manipulation of the earth's climate to offset global warming - is a nightmare fix for climate change.
The biggest tab the public picks up for fossil fuels has to do with what economists call 'external costs, ' like the health effects of air and water pollution.
One of the big questions in the climate change debate: Are humans any smarter than frogs in a pot? If you put a frog in a pot and slowly turn up the heat, it won't jump out. Instead, it will enjoy the nice warm bath until it is cooked to death. We humans seem to be doing pretty much the same thing.
