From: LizR <[email protected]>
To: [email protected]
Sent: Friday, December 12, 2014 11:33 AM
Subject: Re: real A.I.
>>The point is that none of these previous events involved such rapid change as
>>we're seeing now, but even if they did, so what? We know what's going on, it
>>isn't hard to monitor. We've known how the greenhouse effect works for more
>>than 2 centuries, we can measure the amount of carbon dioxide in the
>>atmosphere, we know it's gone up just over 40% since the industrial
>>revolution, we have a reasonable model of the likely results - not perfect of
>>course for such a complex system, but we're seeing the sorts of results that
>>have been predicted. Ice melting over the arctic, glaciers retreating, sea
>>levels rising, more extreme weather and now a disruption to the jet stream.
>>If this was, for example, the detection of a new astronomical object or
>>fundamental particle there wouldn't be any question about whether it existed.
This is what happens when trillions of dollars of "wealth" are pegged to the
future value of the fossil carbon deposits, it creates a massive incentive to
obstruct science and policy and to continue on with a business as usual
approach. If the world seriously began transitioning away from the burning of
fossil carbon in order to produce mechanical work -- extremely powerful mega
fortunes with vested outsized influence over the political bodies and the
courts (and every other facet of society as well) -- would see the future
evaluations of their vast carbon reserve holdings evaporate. These future
evaluations are counted as significant current assets on balance sheets.I
suspect many global multinational energy corporations would go belly up if the
current market evaluation of their future carbon reserve evaluations
collapsed.-Chris
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