New York City officials are vowing to appeal U.S. District Judge John Keenan's dismissal of a lawsuit filed by the city in January that aimed to hold five top oil companies—BP, Chevron, ConocoPhillips, ExxonMobil, and Royal Dutch Shell—financially liable for fueling the global climate crisis that is increasingly impacting coastal communities.
To all the self-congratulatory “economists” who vie for Nobel Prizes in Economics (one will see them to be fake awards if one care to pull back the curtain), fuck off and die for allowing your “scientific” study of economics to forgo serious discussion of externalities. Shove your GD GDP maximization metrics sideways. Your pervasive perversions have wrought disaster. Begone ye evil fools. It is past time for ecologists to take over strategic decision making.
Who pays for sea walls and other policies to deal with sea level rise is surely going to become a bigger issue. Already it is an issue of importance in Virginia where high tides have flooded roads in residential areas in the Nortolk area and in Miami Beach their pumping system to attempt to deal with high hides flooding the roads is quite expensive.
I find it interesting how Ken Kimmel "warned that “the climate threats facing New York City are overwhelming, and taxpayers are already paying to protect the city from future Sandy-scale damages.”, yet the Union of Concerned Scientists advocate for the removal of Indian Point Nuclear Center and are largely against the progression of Advanced Nuclear Reactors, even though nuclear reactors produce about 450 grams/KWh less of CO2 than Natural gas according to the National Renewable Energy Laboratory and they acknowledge that Indian Point will most likely be replaced by natural gas development in the state.
Given that Indian point produces 15,600GWh per year and only about 7,500 will be replaced by 2022 (due to a HVDC transmission line from Canada) this would likely result in a 7,500 GWh increase in natural gas production. In terms of CO2 emission this would result in:
7,500 x 1,000,000 x 450 = 3,375,000,000,000 grams or 1,687,500,000 TONS of CO2 per year.
For an organization who is apparently concerned about the effect of emissions of fossil fuels it is quite odd for them to advocate for the early decommissioning of Indian Point in 2021 and 2022.