🌤 Climate Change from the Economic Point of View
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- Опубліковано 11 чер 2024
- Climate change from the economic point of view. How much does combat agaist climate change cost? What is the cost of "doing nothing"?
Learn Austrian Economics in a fun way!
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Our problem is that we don't understand the languages of trees, birds or other resources that exists. So we speak within ourselves.
We mainly understand only money and economics.
My question is, can money convert back the used resources into there original form?
Fact is that money is artificial and resources are natural.
That means both are opposite.
Either there has to be a balance between both or let the money exit as it is produced from resources only.
Just imagine you are left with only money and zero resources.
This comment is very important. What you're getting at is one of the most important questions. Our currency needs to be tied to a resource like gold or land or energy
The language of trees and birds? Crack is a helluva drug.
Our problem, is most of you don't see that the weather and climate is engineering.
@@ericreingardt2504 How is that better than pegging it to production?
Links to the cited studies would be nice. Just proposing "random" numbers are not very convincing. Which sensitivities have been assumed to calculate the numbers? What about the risk that the assumed sensitivities are wrong (and cost is higher / lower)?
The sources in the description.
He cited the IPCC, the gold standard, the same outfit that brought us the himalayan glacier "mistake." Look that up.
7:44 "This is the future anarcho-transhumanists want"
In the 5th source on your website, the footnote says that the entire report used the IPPC's drop in consumption as a GDP figure, because the difference was minor. Isn't GDP household spending plus government spending plus exports? I don't get how you can switch it.
GDP = C+I+G+NX
Consumption, Investment, Government spending and Net Exports
I haven't read the footnotes but it sounds like they were saying C ≈ C+I+G+NX.
That I+G+NX = 0 or some small number that can be rounded to 0 for convenience.
@@roylestork thanks for this!
so these estimates don't account for the periodic and eventually permanent flooding of major coastal regions including places such as London and Copenhagen...
sounds like those estimates are useless then lmao
Forests must be one big tinderbox to be set off by one more degree celsius. If only we had techniques to mitigate...we could call those techniques "forest management."
Comment to help UA-cam algorithm
where do you get your figures from? Those you've quoted if we do nothing...
The sources in the description.
What you guys think about Georgism/GeoLibertarianism?
I think Georgism is apologia for colonization. "If you can be more productive on a piece of land (owned by American Indians, Africans, South Americans, or any other property owner) then society can vote it away from you." This isn't a straw man. This is the bullshit they actually believe.
~15:00 I must disagree on the topic of climate change. In cases like this, by the time most people care about it plus the power establishment is willing to do anything globally, it will already be too late to do anything but react to disaster.
your later comment on China-USA shows the guy who wrote the script have no clue of the current situation of China and its regime
"so called"? And then bias erupts.
And it's 1.1C already. Lying is not a rebuttal.
Yeah, that set me bullshit detectors off as well.
Tomorrow I got a teast on this
Do U you live in America?
as always, a wonderful done video !!!! keep the hard work !!!
So incredibly important that people watch this. The free market is, itself, the best pathway to green energy. Subsidizing expensive forms of green energy only continue to incentivize inefficiency knowing they will be heavily subsidized.
the single best thing that we could do, a million times better than solar panels, is to just make monoculture farming illegal. If all farming was permaculture, we would be building up the environment instead of destroying it.
@@unprivatizedemocray It's true that communism is a newer ideology than capitalism but new doesn't always mean better. I guess the most ethical people in your mind are Stalin, Lenin and Mao who would love to control every aspect of your life so you don't need to.
@B. Rippy I do, actually... but if you want anyone to take you seriously, you need to tell us why you think that.
@@unprivatizedemocray You suggest my claim is a "failure of logic" while also committing the "Appeal to Novelty" logical fallacy by suggesting older ideas such as free markets shouldn't be reiterated simply because they are older ideas. Isn't that ironic.
@B. Rippy The correct response would have been "thank you." And I didn't delete anything. I know your mind is closed, but I really recommend to anyone else that sees this, to open that link and start learning about permaculture. Or just type "permaculture" into the UA-cam search bar.
"under the umbrella..the EPA"
Resident Evil anyone? 😎
Jakub Wiech wouldn't let you pass to another class. Human action has a lot of influence on a climate and wee have to do something.
The Deloitte model says we'll have an economic impact of $178,000,000,000,000 over 50 years. Divide by 8 billion...$22,000 per person? $400-500 a year? Yeah, I think I can live with that.
Most of the planet living on < $1K/month can't, so you'll have to pay a lot more. Pony up, dog-faced pony soldier.
@@shoobidyboop8634 I'm fine. Thanks.
That's more than the annual income of a quarter of the earth.
This video isn’t bad, but Alex Epstein is way better at clarifying the climate/energy debate
These videos are for children. Might as well read the new york times.
AS ALWAYS A NICE VIDEO. THANKS FOR GIVING US INFORMATION
How much CO2 has been the result of unnecessary manufacturing due to planned obsolescence??
But where do economists say anything about the depreciation of under engineered consumer garbage? But if we buy more junk they add it to GDP.
What is NDP? Economists can't do algebra.
We definitely need minimum quality and lifespan standards for appliances, cars, and consumer goods. If not for climate, then for consumer protection and saving the consumer money.
@@gregorymalchuk272
Require manufacturers to provide bathtub curve reliability data on products. Require schools to teach that.
@@psikeyhackr6914 Items need to be built to be repaired. Assembly needs to be done with screws and bolts, not glue and melted over plastic tabs. All the control firmware needs to be open source.
World won't end in 12 years.
Yeah very hyperbolic statement to start with instead of citing what actual climate scientists say
climate scientists....
Sea level rise will 76 meters after all... even if you stop Co2 now
This has too much Jargon
This video is tangible proof that we are already screwed now
life...as we know it...prepare for a human labour agrarian future.
yes
I would not call this video, "from an economic point of view" but "from a political point of view", the initial statements you used to make your case, are plainly ridiculous and not of them in the IPCC report, you only used them to condition the audience that the climate change is exaggerated, but still I would take into consideration any point of view if at least you develop how you get to those conclusions, so at least you should let the sources of the information so we can understand if they are reasonable or not. (At least the IPCC report in detail how they got to that conclusion and states clearly when they aren't confident of particular judgment)
Straight up fossil fuel industry propaganda.
Everyone who disagrees with me is a paid shill!
Sound like a bloody anti vaxxer.
The reality is that realistic change is very hard. We Austrians typically do actually believe climate change is an issue but there are less terrible solutions.
Was this video funded by the oil industry lmao, this is such a joke.
There's a whole community of con artists making their living by spewing propaganda.
Lol. The calculations at [7.49] are ridiculous. As if economists had ever predicted anything correctly to that precision. 2.5C will cost humanity EVERYTHING not 2.9% of GDP.
it's been a while since i've seen such a stupid video and i've been on a kitchen nightmares roll these days.
Interesting video to say the least.
What solution could be possible to the divergences of different countries' agendas?
PS : Innovation is the way to go clearly. And there are already some solutions but governments aren't still seeing this matter as urgent. So they aren't taking any drastic measure yet.
Let's hope that when the time comes, humanity will be able to save itself.
Solution is clearly the innovation. As soon as green energy is cheaper and better than co2 fuels, every one gonna buy it like mad.
This is Steven Pinker level of false optimism 🤣. We are fucked!
They say they want to protect me from what I become it's a lied,
There are so many things wrong with this video, man.
1. Why make a video full of jargon for the average youtube audience? What are you trying to achieve? I doubt 75% of people who watched this understood half the thing. The people who can understand this don't need your video animations. They just read the text and go yep, yep, nope yep. It is the people who lack this education you need to educate here on this platform. Look at how other successful science communicators do this like Neil degrasse Tyson or Kurzgesagt. They explain things in such a way even the average Joe learns something accurate.
2. Also, it is not rocket science. Don't over-complicate the problem. Climate change is simple. Go back to simple deductive logic.
A. Greenhouse gases increase global temperature.
B. For the past few decades global temperature has increased non-stop exponentially.
C. Humans cause a lot of B.
D. If temperature keeps rising non-stop, cities will drown, global mass refugees, breakdown of world stability, potential wars, lack of food, extreme fire, extreme floods, extreme storms, starvation, potential rise of dictators amid the chaos... the world will become a very terrible place.
E. Can you trust humanity to prevent point D ON TIME? Do you want to gamble this planet believing humanity is competent enough to fix climate change when it becomes very bad? Maybe we can fix it when it becomes bad, maybe not. The fact is nobody can say for sure. But the question is: "Do you want to risk this one planet trusting the competency of humanity?".
If fixing D means creating a sense of urgency in the world now and say the world may end in 12 years, then so be it. The fact is that if global temperature keeps rising the world will end for sure, it will just take a bit longer like a few decades or a hundred years. We want to get people to act now, so that we are ON TIME to fix this in case we are too late.
THANK YOU! I had to use vague context clues to try and piece together the meaning of a sentence that was basically incoherent to me. Everyone in these comments is believing everything said in the video at face value and taking it as an excuse to ignore the problem...saddening
1. Then this video is not for you, this video is for who understand economics.
2. What are said in this video is how do you fix it on time, and what is the right way to fix it.
This video is the latest iteration of the denialism agenda. It uses jargon to create subtle doubt, uses flawed arguments to justify inaction, and folds the doubt and inaction into a conservative politics that alleviates anxiety and fear. This is just telling people what they want to hear. It would be irrelevant noise, if it weren’t promoting a threat that is global, catastrophic and imminent.
@@AnimMouse the problem and solution are determined. We are in action and change, now.. This video is trying to distract, delay and redirect.
I want to see the rich hurt, LETS SPEED UP CLIMATE CHANGE
I must admit this video is not quite as annoying as the other climate change videos I’ve seen, but I the end it’s the same thing using a softer approach. The arrogance of believing humans are so powerful that we can control the course of nature is quite annoying. Plus, the claim that any extreme weather event is due to man made climate change is absurd and unprovable. Extreme weather has been the norm on this planet and what we consider to be extreme is quite tame when you the whole of earths history. Also, the thought that Pigovian taxes are not Marxist is ludicrous. Taxes used to control behavior is the essences of Marxism! Finally, green policies pushed onto Sri Lankan farmers has led to famine and economic collapse. We must be leary when making life changing decisions based off a model which could not have known much less accounted for the thousands of potential variables. Heed the words of Thomas Sowell, “there are no solutions, there are only trade offs”, please consider the trade offs before making life altering changes in order to “save the earth”! These green initiatives not only have significant economic impacts, but more importantly it incurs great human costs when many of us never think about as we stroll around in our electric cars!
I’d rather die than stop eating my seafood and meat. I’m fine with everything else but I’m not going vegetarian. All you got to do is hunt and not mass produce food.
And do you hunt and fish all your meat products?
@@lucaswatson1913 no and I don’t care. Also I’m 13 so I’m not gonna be hunting
@@lucaswatson1913 I’m saying eat more venison and rabbit and stuff in the wild rather than animals mass produced in farms
@@jingleoctopus4160 that's legit
Too bad. Life is not about doing whatever you want.
Your argument is flawed at every step, but I will focus on one item because I think it's funny. You said people should not worry because if all nukes on earth were detonated, they would not even pierce the Earth’s mantle? The Earth’s mantle is about 1800 miles (2900km) thick and roughly 84% of the Earth’s entire volume. If that was the measuring stick for what we should and should not be concerned about, no one in all of existence has ever had a problem.
he probably meant to say 'crust' - but that is still a flawed argument, because it depends on how you do it. All the nukes at one time, underground.... yeah, I think you can make a volcano.
ua-cam.com/video/JyECrGp-Sw8/v-deo.html
Kurzgesagt - In a Nutshell
made video about this "What If We Detonated All Nuclear Bombs at Once?"
I also love the 'humanity is not that powerful argument' then going on to immediately disprove that by stating we could wipe out 99%+ (all but the most resilient) lifeforms on what we currently know to be the only planet with life
Not that it’s even a useful analogy, but the atmosphere is thinner, weaker and much more malleable than the mantle
thank you.
"we teach Austrian economics in a fun way", aka were right-wing libertarians, we want to make money without interference, we don't give a shit about the environment, here's a video to try to dull your mind while we fill our pockets.
"we want to make money without interference" We also want you to make money without interference.
"we don't give a shit about the environment" Our money is meaningless if the environment is destroyed.
The problem isn’t climate, or fossil fuels, its Austrian economists and right wing politics. The problem is killing us.
"Ignoring all other effects of climate change."
😂😂😂😂😂
Yes, lets look at economics ignoring all other effects of climate change.
Elaboration : If any one of the coastal or river side cities like New York, Los Angeles, San Francisco, Shanghai, Hong Kong, London or Singapore flooded out all these optimistic economic models fail.
All economic models that just decrease a certain number of GDP per year to calculate the '4.6%' loss by 2100 will fail completely.
You cannot ignore other effects of climate change in order to support market economics ans unrestrained capitalism.
What is your solution then? Violently control people's life and choices through the force of the State?
You are free to stop using coal and stop eating meat if you wish. You do NOT have the right to force that onto unwilling peaceful people, no matter your justification.
If you support forcing peaceful people to do what you want, you are a tyrant at heart.
@@SL2797 I am not forcing anyone. Many will die and that will be it. Free market economics that is for profit and skimpy on innovation will win out. You will probably understand when global GDP grinds to a halt after climate catastrophes like the Australian Wildfires become commonplace.
@@arjunsatheesh7609 Australian bushfires were made by arsonists
@@etzel1589 And sustained by a dry weather in a country facing droughts.
@@arjunsatheesh7609 but still climate change is not responsible for these fires, despite what the media and the left claim, in regards to droughts there are technological solutions for that already provided by the free market, this is how my country deals with them, we also export this technology to other countries, saving millions of lives
This is such a mis-informative and manipulative video. (“Percentage of malnourished children going down by 9.4 million” doesn’t even make sense).