In a worst-case scenario, climate change could put the survival of the human species into doubt. Along with the tremendous human suffering that would involve, it would also eliminate the value of all investments, including real estate, stocks, bonds, holdings of precious metals, etc.
Perhaps if climate change were understood as a possible 100% loss in the value of all investments, people would be willing to spend more and take more action to reduce its seriousness.
Author: Milan
In the spring of 2005, I graduated from the University of British Columbia with a degree in International Relations and a general focus in the area of environmental politics. Between 2005 and 2007 I completed an M.Phil in IR at Wadham College, Oxford. I worked for five years for the Canadian federal government, including completing the Accelerated Economist Training Program, and then completed a PhD in Political Science at the University of Toronto in 2023.
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