This is a problem for youngsters, not older wealthier piggs. Drill on!!![/quote]
And you have exactly nailed the problem! Anyone over a certain age: say 60 can probably with some degree of comfort say that even if the worst case occurs, they won’t be too badly impacted if it’s only the last decade or two of their life.
For a person from 40-60, there are trade offs but it’s hard to see much positive impact from making changes like buying an electric car, adding solar, reducing water consumption. While there is a positive effect for many, they aren’t enough to change their ways which is unfortunate.
For thoughtful younger people, dealing with climate change is a great imperative.
I just don’t know how many are thoughtful, probably less than half.
Probably the only solution is to add a carbon tax and use the funds for carbon recapture, but that would take billions and probably two decades to scale even if start now. So far, a carbon tax has been a political nonstarter in the US. Maybe if the committed to spend a large portion in states which produce carbon fuels now, it may be perceived as job neutral for those states.
In the meantime, property prices in AZ/UT will probably still rise until the crisis reaches a critical moment, like Mead or Powell dropping another 30% but even then the biggest drop should be on agriculture. At least in the US we have other regions which can grow many crops. I think here the recycle water programs and maybe more desalination will eventually be needed.
