Dr. Greg Kochanski
Gernot WagnerWhat the Climate Fight Is Really About
Hint: it's all about minimizing risks & endemic uncertainties
My latest column just out today: https://gwagner.com/climate-uncertainties/
#climate #ClimateShock #economics
Alex 🔧🔮🌎🪿
@gwagner my dad was very much 🙈🙉 about the risks of climate change, and even bought a "retirement home" a few hundred feet from the intercoastal in Florida.
This year their home insurance provider pulled out of the entire state, leaving them scrambling to find a new one.
Insurance is the best educational tool for adults.
SmokeyGeo@gwagner "a heat pump and an induction stove will allow you to declare independence from gas supply shocks" - reveals profound lack of understanding of relationship between gas and electric supply. See this technical conference for more information: https://www.ferc.gov/news-events/events/new-england-winter-gas-electric-forum-09082022
SpicewallaIt occurred to me that declining prices could be a disincentive for people to buy in now. As long as they have a fossil-fuel option that is currently working, they will be tempted to delay as long as possible to get the best 'deal.'
Maybe we need a "price guarantee" kind of subsidy where if the price goes down in the next 5 years, the government will make up the difference. That might also lead people to support more government investment as they root for the prices to go down?
@gwagner most of the climate trajectory is determined by China, india not to mention Russia (please stop the Ukraine war because it has an adverse climate impact). What would be persuasive to *them?*
And if you have evidence that swapping out a gas furnace before end of life for a heat pump lowers carbon significantly as opposed to being climate performance, the data would be interesting- thx