Earlier quoted context omitted.
> In February 2019, the center-right American Action Forum, estimated that the plan could cost between $51–$93 trillion over the next decade [0] Take the low estimate of $51 trillion over a decade so $5 trillion per year. > The top 1% of Americans have a combined net worth of $34.2 trillion, according to Federal Reserve data last updated Oct. 19, 2020 So if you seize all the wealth of the top 1% you'll pay for ~7 yea…
> Take the low estimate of $51 trillion over a decade so $500 billion per year. Over a decade, that would be $5 Trillion per year since a decade has 10 years.
Americans aren't willing to pay to stop climate change
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Re: Americans aren't willing to pay to stop climate change
#12Re: Americans aren't willing to pay to stop climate change
#13Cost:
- 50 cents per gallon of gas (our gas is about 6$ per gallon)
- 20$ to 100$ for a plane ticket
The law was refused by 51% of Swiss citizen.
What really killed me was that the youngest part of the population, the ones who will be the most impacted by the climate crisis, voted the strongest against it. Switzerland being one of the richest countries, I cannot understand how an increase of 10% on luxury items (plane tickets) can have this impact.
Funny story: now that the law has been refused, the oil companies announced a 15% increase of the gas price... Nobody is protesting so far.
Re: Americans aren't willing to pay to stop climate change
#14In Switzerland there was a vote 2 weeks ago about whether we want to support a law to reduce CO2 output by our population. The law was very clear how the money would be spent: improve heating, direct pay to poor citizens, and many others. Cost: - 50 cents per gallon of gas (our gas is about 6$ per gallon) - 20$ to 100$ for a plane ticket The law was refused by 51% of Swiss citizen. What really killed me was that the…
Re: Americans aren't willing to pay to stop climate change
#15Also, people are actually pretty smart because they know that every other individual in the economic arena will act in their own best interest. So they make the correct decision of saving money for themselves. That's exactly why any sort of individual brow beating always strikes me as totally misguided and counterproductive. People are not likely to spontaneously move to solve such a large problem when doing so puts them at an individual loss. It doesn't matter if you think that sort of behavior is immoral or unethical.
On the other hand, it seems to me that large organizations such as corporations and governments have many more incentives to mitigate large scale issues like this for a couple of reasons: 1) They can more easily coordinate since there are fewer organizations of that size that have to cooperate; 2) They are in a better position to quantify the risk of failing to act. There are probably plenty of corporate strategists that are starting to raise the alarm about a possible future world in which it's impossible to make any money as a result of a climate catastrophe.
I've never really been able to get on board with ways of arguing about climate change that fit the mold of this article. Individuals simply are not going to act to solve this problem. Get over it and move on.
Re: Americans aren't willing to pay to stop climate change
#16Re: Americans aren't willing to pay to stop climate change
#17This poll doesn't say much about whether Americans are willing to pay to stop climate change, it just says a lot about whether Americans trust their government with a blank check to fight climate change. I wouldn't support "giving them money and letting them figure out the best way to use it", either. Let's hear a specific policy proposal.
The problem is NOT that there have been no good proposed policy solutions. The problem is that voters don't want them. This is why I'm pessimistic on the environment.
Re: Americans aren't willing to pay to stop climate change
#18“Suppose a proposal was on the ballot next year to add a monthly fee to consumers’ monthly electricity bill to combat climate change. If this proposal passes, it would cost your household $10 every month.”
It then assumes that voting against the proposal indicates an unwillingness to pay for climate change.
This completely misses the obvious - which is that a $10 monthly fee will not solve climate change and so people are right to vote against the proposal. Indeed it would be ridiculous for people to vote for such a proposal.
Re: Americans aren't willing to pay to stop climate change
#19I wonder if what this actually shows is that people don't like to pay taxes? Or that they think climate change should be possible to solve with the current tax rate with a reprioritizing of tax money?
Re: Americans aren't willing to pay to stop climate change
#20This points more to the weakness of the study than anything else.