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Climate Catastrophe Is Bad for the Stock Market

Ray Katz
3 min readApr 18, 2022

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Photo by Maarten van den Heuvel on Unsplash

Since few people seem to care that our willful destruction of the climate will destroy the lives of our children and grandchildren, I’d like to remind you of what it will do to the economy.

Because that’s all we really care about, isn’t it? I mean, we are sh!tting our pants about $4+ per gallon for gas at the pump. But still making excuses why we can’t quit oil.

So be it.

Now watch your investments go into the toilet. Your home? Underwater, both physically (which you don’t seem to care about) and financially (which you do care about.) Yeah, property values which are sky high today will shrink — perhaps to zero — in a relatively short time. What is a house worth when it’s permanently flooded? How close do you live to an ocean? Or wildfires? Or mudslides? Or the next record-breaking killer storm?

Just wait. It’s coming. There’s no safe haven, because climate destruction is worldwide. You know what “worldwide” means, don’t you?

But there’s really no alternative, is there? Because we MUST continue to guzzle fossil fuels. Our economy is built on that and that’s all that ever matters. We don’t care about people. We don’t care about our children. Really. We don’t. Because if we DID care about our children, we’d make an honest attempt to protect them, to give them a…

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Ray Katz
Ray Katz

Written by Ray Katz

Internet pioneer. But I’m most interested in stabilizing the Earth’s climate and promoting our common humanity. WeAreSaners.org

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