A Majority of Companies Are Already Feeling the Climate Heat (bloomberg.com)
- Reference: 0178280984
- News link: https://news.slashdot.org/story/25/07/04/1548253/a-majority-of-companies-are-already-feeling-the-climate-heat
- Source link: https://www.bloomberg.com/news/articles/2025-07-03/a-majority-of-companies-are-already-feeling-the-climate-heat
The US spent nearly $1 trillion on disaster recovery and climate-related needs over the past year, according to Bloomberg Intelligence analysis, while nearly two-thirds of Tampa metro businesses reported losses from hurricanes Helene and Milton.
[1] https://www.bloomberg.com/news/articles/2025-07-03/a-majority-of-companies-are-already-feeling-the-climate-heat
One of the things that I keep seeing (Score:3, Interesting)
Is CEOs telling me that AI isn't going to take jobs while privately they're telling everyone and anyone that they're going to cut their workforces in half within the next 5 years.
Climate change is the same thing.
You have governments and CEOs that say everything is fine but when it comes to the actual money and the actual Financial reports you're going to find them singing a completely different tune.
I don't think there's anything that can stop the shit storm that's going to hit us all now. The time to stop it was last November and we didn't do that.
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I like the "hope method". Just hope and everything will turn out just fine.
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The time to stop was the early 1980s when we were sure it was happening and knew what the result was going to be. It was definitely urgent by the early 2000s after Kyoto had failed. Now its all over but for the dying we have already emitted enough to end our species, there is just a lag before the planet heats up and all the last tipping point is breached.
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I was a kid in the early 80's, and remember when Reagan took down the Solar Heaters from the White House. There is a lot of good things to be said about Reagan. etc. etc. However. That was the wrong direction. As an Engineer, I would promote having every home in America to have a water heating system on the roof. We don't need to burn Oil to have a "good life", we simply need think things through.
Re: One of the things that I keep seeing (Score:2)
How do you keep the water from freezing?
Yeah, but (Score:2)
These same companies will keep buying politicians that deny the obvious evidence of climate change before their beady little eyes, so no fucks given.
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This is evidence of the nasty feedback loop of an Oligarchy. Billionaires should not be in the equation of who is elected and what laws are passed in a Representative Democracy.
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Billionaires should not be in the equation of who is elected and what laws are passed in a Representative Democracy.
And how do you propose to prevent them from having any influence while still maintaining a Representative Democracy? No matter how you dance around it, everybody is supposed to be represented, one way or another and if you don't let the billionaires have their say, it isn't representative, is it?
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It isn't that they require being represented that is the problem. If all they did was vote like normal people, we'd be fine with them. The problem is they have enough money to buy the pols. I haven't yet seen a fix for that, but it does create a doom-loop.
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> Billionaires should not be in the equation of who is elected and what laws are passed in a Representative Democracy.
> And how do you propose to prevent them from having any influence while still maintaining a Representative Democracy? No matter how you dance around it, everybody is supposed to be represented, one way or another and if you don't let the billionaires have their say, it isn't representative, is it?
You would need to restrict campaign financing to the equivalent of "if you can't vote for them, then you can't contribute to them". That reduces it to individuals within a rep's district.
Equal Representative Democracy (Score:2)
> Billionaires should not be in the equation of who is elected and what laws are passed in a Representative Democracy.
No, billionaires should not have any increased say over elections and laws due to their wealth than any other person. However, they should still be allowed the same voice as everyone else in supporting or opposing ideas although in practice holding them to that is going to be extremely hard to do.
Don't exactly believe it (Score:2)
Hurricanes often hit Florida, so blaming hurricane damage on "climate change" is clearly a gross oversimplification. It probably made the hurricanes worse, but it's not a binary switch. Similarly for a lot of those things. And there are probably some places where climate changes improved things. (A lot fewer, I'll admit.)
This piece strikes me an as oversimplification, probably for political reasons. Yes, a lot of disasters were made worse by climate change. I suspect that pine beetles have continued t
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> Hurricanes often hit Florida, so blaming hurricane damage on "climate change" is clearly a gross oversimplification.
It is. All it shows is that you are stupid, because _you_ are the one making that statement. No actual expert does. What the actual experts say is that likely hood and average severity increases due to climate change and will continue to increase. That is an entirely different statement. Yes, I get you are far too dumb to see that difference.
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I like things sustainable and predictable. If a crop of food grew here or there before, I would like it grow there later. For example. MAGAs are just gambling. You are gambling that in the future that crop will grow there. You wish that food will grow elsewhere. MAGAs wish for things, and you can wish in one hand and shit in the other, and see what fills up first.
I'm sure the billionaires will be fine. (Score:2)
After all, they're building climate refuges/bunkers in places that they expect to survive what's coming and that are sufficiently remote that the probability of a mob showing up at the front door is quite small. They know that climate scientists are right, and they suspect it's going to be worse than predicted. (Which is a good bet, because if you actually take the time to read things like the IPCC reports, you'll notice something that's common to all science in every field everywhere: the projections are
If you deny it. (Score:1)
It doesn't happen.
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For as long as the 0.1% keep multiplying their billions, everything is fine.
When they start to lose too much money due to climate change, you're gonna hear about it, though!
Re: If you deny it. (Score:2)
[1]https://m.youtube.com/watch?v=... [youtube.com]
Erik the Viking
[1] https://m.youtube.com/watch?v=rY-HOYTz-rs
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*giggles*
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That is not how it works. Major back-insurers are have already been rpicing climate change in for something like 10 years and are planning to raise premiums by a _lot_ because that will be needed. And these people are as politically neutral as you can get.