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Corning Inc. Message Board

  • gfo99 gfo99 Jul 9, 2013 10:16 PM Flag

    Do Republicans really trust the marketplace?

    We may find out if Republicans actually do trust the free market.
    For years, activists have been touting the fact that 97 percent of climate scientists agree that climate change is manmade, hoping that would inspire Republicans — who first advanced the idea of a cap-and-trade system to slow carbon emissions — to break their pledge to the Koch brothers and do something about the coming climate crisis.
    It didn’t work.
    A recent poll found a majority of Republicans — 58 percent — believe that climate change is a hoax. This explains why the right-wing media regularly laughs at the idea of doing anything to slow carbon emissions.

    But there’s one group that seems to believe 100 percent that climate change is real and a serious threat to their existence. It’s the group that has the most to lose if we do nothing: the insurance industry.
    The Weekly Standard‘s Eli Lehrer explains:
    Indeed, if free-market conservatives really want evidence of climate change, they ought to look towards the insurance markets that would bear much of the cost of catastrophic climate change. All three of the major insurance modeling firms and every global insurance company incorporate human-caused climate change into their projections of current and future weather patterns. The big business that has the most to lose from climate change, and that would reap the biggest rewards if it were somehow solved tomorrow, has universally decided that climate change is a real problem. An insurance company that ignored climate change predictions could, in the short term, make a lot of money by underpricing its competition on a wide range of products. Not a single firm has done this.

    In fact, a recent report from the Geneva Association, “Warming of the Oceans and Implication for the (Re)insurance Industry,” suggests that climate change is making certain regions — including Florida and the United Kingdom — uninsurable.

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    • We should all help save our earth. That said. China is building two coal plants per week. Other countries have no interest in saving the earth. W e can try our best and it will not make any difference, if all the green stuff is true. I doubt it is though. The earth has it ways to clean itself. imho.
      All we will do is cost Americans all the have eventually while the world goes on without us.
      The green stuff does not and will never work.
      FACT : IT COST MORE FOSSILE FUELS TO MELT AND MOLD THE METALS FOR A WIND MILL THAN THE WIND MILL WILL EVER SAVE IN ITS LIFETIME. So where are we saving. We are just letting the Al Gore weirdo's get rich. While they use more fossile fuels than any one else.
      Let use what we have at a cheap cost and do it in a way that is responsible. GLTU

      • 1 Reply to arrs20
      • "I may be a Republican. I'm not an idiot." The quest for sane Republicans !

        "I may be a Republican. I'm not an idiot."

        The quest for sane Republicans

        It's easy to find wacky Republicans wherever you look. It's not much of a challenge. So when you find one who seems sane, you notice.

        The New York Times ran a report on a California town, Lancaster, that has been successfully promoting solar energy. The mayor, a class-action lawyer by the name of R. Rex Parris, has been a strong advocate.

        When asked if global warming was indeed a threat, he responded, "Absolutely. I may be a Republican. I'm not an idiot.

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