The Next Recession Will Be Due To You Driving A Fossil Fueled Vehicle And Having A Burger

Now, if you had a cheeseburger, that would cause a depression

The Next Economic Recession Will Likely Come From Climate Crisis

American companies are ignoring the risks of climate change at their own peril, according to a researcher warning that extreme weather caused by the climate crisis could result in a devastating economic recession.

Financial markets are failing to account for the risks that increasingly frequent and worsening floods, droughts, and other extreme weather events pose to the economy, according to an article published in the journal Nature Energy this week.

“If the market doesn’t do a better job of accounting for climate, we could have a recession — the likes of which we’ve never seen before,” said study author Paul Griffin, an accounting professor at the UC Davis Graduate School of Management.

Griffin said in the article that his years of research concluded that “unpriced risk” was the “main cause” of the 2007-08 Great Recession and companies are once again failing to assess the damage extreme weather events can wreak on their business.

Bad weather never happened before fossil fuels, you know. Hey, remember the recession caused by Hurricane Camille? Or the Great Galveston one of 1900? The Miami hurricane of 1926? Andrew? Katrina? It’s always some sort of future doom from these folks, but, what this type of stuff actually does is allow the Cult of Climastrology to set the stage to blame ‘climate change’ when a recession happens, and, one certainly will, because they always do.

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3 Responses to “The Next Recession Will Be Due To You Driving A Fossil Fueled Vehicle And Having A Burger”

  1. formwiz says:

    And here I thought it would be due to the latest Red Chinese plague.

  2. Nighthawk says:

    “risks that increasingly frequent and worsening floods, droughts, and other extreme weather events pose to the economy”

    All of this doom was supposed to have started happening by now, and it hasn’t. All of those things are actually becoming LESS frequent and LESS severe. But they keep spewing their BS and the mental midgets in the public repeat it like it’s gospel.

    Out of all the computer climate models they have only ONE is close to accurate. That’s a Russian model that gives very little weight to CO2 forcing and it follows observed climate fairly accurately. But we never hear of that one, only the ones that support the AGW theory in complete contradiction to the scientific method.

  3. Jl says:

    Yes, nice story but as said there are no worsening floods, droughts or other extreme weather events. But one has to love the “if there’s more floods, it’s caused by extra CO2, and if there’s more droughts, it’s of course also caused by extra CO2”.

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