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News Link • Climate Change

Is The Evidence of Global Warming Too Scary For Humans To Cope With?

• https://www.paulcraigroberts.org

I already was thinking about it, because capitalism owes its profits to the costs that it imposes on the environment, costs that are external to the capitalist entity. I have been thinking about this since I addressed "external costs" in my 2013 book, The Failure of Laissez Faire Capitalism. I am thinking that if man-made global warming is indeed in the cards, as the current evidence supports, the external costs of capitalism will far exceed the total value of all the goods produced over the course of the industrial revolution. Past material comforts will be paid for by future curtailment of life on Earth. Greed, gluttony, envy, lust, and pride will have proven to be the five of the seven deadly sins that were deadly for planet Earth.

I hope I can find the time and energy to get around to a book on the subject. For now, like you, I am learning. It struck me, as it strikes many of you, how a one or two degree rise in temperature can cause ice caps, glaciers, and the Greenland ice shelf to melt. We don't think of the Arctic or glaciers hovering on the temperature border of frozen and melting. It is not intuitive that small changes can make such large differences.

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