The second problem with their argument is that while carbon tax revenues could, in theory, be used to pay for present and
future adaptation costs, few on the right are at all interested in so using that revenue, including Neeley and Murray.
Not exact matches
So we need to invest more now, in both mitigation and
adaptation, to prevent
costs from becoming unbearable further into the
future.
But a quick summary of some of my thoughts: I think a case can be made for some combination of equal per - capita payback and tax reduction, but the rationale for this must be that this somehow compensates for the
costs of global warming or
adaptation to that; as much of this occurs in the
future (with different people), this is private sector economic investment to boost the economy now so that it may make itself more robust in the
future -LRB-?).
The scope of this chapter, with a focus on food crops, pastures and livestock, industrial crops and biofuels, forestry (commercial forests), aquaculture and fisheries, and small - holder and subsistence agriculturalists and artisanal fishers, is to: examine current climate sensitivities / vulnerabilities; consider
future trends in climate, global and regional food security, forestry and fisheries production; review key
future impacts of climate change in food crops pasture and livestock production, industrial crops and biofuels, forestry, fisheries, and small - holder and subsistence agriculture; assess the effectiveness of
adaptation in offsetting damages and identify
adaptation options, including planned
adaptation to climate change; examine the social and economic
costs of climate change in those sectors; and, explore the implications of responding to climate change for sustainable development.
One aspect of the decision making process that seems to get short shrift is quantifying the
costs involved in mitigation and
adaptation versus the potential
costs of
future events (obviously, the scenario discovery you mentioned would be the first step to quantifying the full range of possible outcomes).
This will only ramp up
adaptation costs further in the
future.»
«It suggests that a more cautious attitude is warranted when evaluating the current and
future costs of climate change, as well as the expected benefits of mitigation and
adaptation strategies.»
Because much of the
cost will be realized after the emissions occur, the funds would have to be invested in order to produce resources in the
future to compensate or make the best of conditions then; this can be investment in infrastructure (aquaducts and flood water management planning) and such things as R&D for drought / flood resistant crops, efforts to save ecosystems (those parts that will survive the climate change, or otherwise planting trees, etc, where they will do well in the
future, or otherwise reducing other stresses so that ecosystems will be more resilient to climate change)(remember that ecosystems provide us with ecosystem services), etc, and / or investment in the economy in general so that more resources will be available in the
future to compensate for losses and pay for
adaptation.
Now, if mitigation
costs less than
adaptation, then either presently or in the near
future we should see more private investments into environmental sustainability.
Depending on the injury suffered, we will obtain evidence in relation to your care needs to ensure that any rehabilitation
costs, home
adaptations or
future treatments are fully considered and included as part of your claim.