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View Diary: Sea Ice Death Spiral Driving Atlantic Water into Arctic Causing Wild Weather (197 comments)

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  •  We may still see (3+ / 0-)
    Recommended by:
    Mnemosyne, Lujane, mightymouse

    a battle between the insurance industry and the fossil fuel industry over this. I guess that it's just not bad enough yet

    •  you may be right, alas (3+ / 0-)
      Recommended by:
      Lujane, offgrid, mightymouse

      Another too-little too-late corporate whing-ding and fandango, complete with massed PR facilities at dawn.

      It all reminds me of Detroit when small cars began cutting into their market -- "those little cars like the VW Beetle are never going to sell here, real Americans want BIG cars, with tailfins."

      Only this time there's a lot more at stake than a few quarterly dividends.

      Listen, are you breathing just a little and calling it a life? -- Mary Oliver

      by Mnemosyne on Fri Jan 20, 2012 at 12:31:04 PM PST

      [ Parent ]

    •  at a conference last week (1+ / 0-)
      Recommended by:
      offgrid

      Someone called the failure to deal with the realities of climate change the greatest market failure in the history of capitalism.  I think they may be right. Though I also think that here and there in the corporate world more attention is being paid.

      •  There is a simple market fix (0+ / 0-)

        CO2 is the waste product of fossil fuel usage. If the cost of waste disposal of CO2 was given a price tag, and incorporated into the "cost of doing business", products that produce the waste would get more expensive, and become uncompetitive with products (energy in this case) that don't produce this waste product.

        All this is about is proper expense accounting, and the solution is pure "free-market" economics.

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