About the OZ Economy & Climate Change?
Well, for starters, the real truth is not something that diehard Liberal or Labor supporters, PR SPIN MASTERS or Politicians, have any remote interest in!
That said, the truth is that the Global Climate is changing, that change is materially affected by human input, as the majority of world scientists agree and the leading edge of that Climate Change is already starting to impact the Australian & Global Economy, via events such as Floods (in OZ & elsewhere), severe hurricanes/cyclones, droughts/heatwaves & more!
However, Climate Change is not the only thing different, there is actually a paradigm change in progress, where a number of factors are coming together, at around the same time, the overall effect of those factors, on the OZ & Global Economy, are adverse and that trend is only just commencing!
The effects of this human induced Climate Change is set to get worse, possibly much worse, before there is any chance of avoiding the worst case scenario's and given human nature, as is displayed on these boards, we may not avoid those worst case scenario's?
The other factors involved, in addition to Climate Change are -
1) Demographics - The Baby Boomer Bust.
2) Peak Energy (primarily Oil).
3) Massive Global Debt overload.
However, just to start the ball rolling, I repeat again, as I have on numerous other ocassions, the crucial Climate Change questions are -
Forget everything else about who is correct & who is not, about this ideology or that one.
The crucial question is what will be the cost to us and our children, in the longer term
,
if we take the Peak Oil line, we are wrong again and we do not take whatever actions are possible to mitigate the worst effects of the GHG/Climate Change problem? In other words, what are the relative costs to humanity, of doing something or doing nothing (continuing business as usual)?
Put simply, the crucial questions are very straight forward -
1) What are the likely costs, benefits & losses involved, IF humanity were to proceed on MY scenario that Climate Change is a reality and it turned out that my Climate Change scenario was -
a) Correct!
b) Incorrect!
2) What are the likely costs, benefits & losses involved, IF humanity were to proceed on the scenario that Climate Change is NOT a reality and it turned out that Climate Change scenario was -
a) Correct!
b) Incorrect!