Comment by quickthrowman
1 hour ago
> During World War II, the United States spent 40% of its GDP on the war. So we can spend big on things when we decide to.
The United States wasn’t the only one spending that much on war, that’s why we were able to do so. What incentive do countries have to spend money on carbon capture? Any money spent on that is money not being invested in generating more wealth, so there is zero incentive to move first, you’ll just fall behind and become economically and potentially physically vulnerable.
If we could convince all major powers to all spend money on carbon capture, it would work great. That’s a simple ask but an almost impossible thing to negotiate.
Otherwise, there’s no incentive to act first, there’s actually great incentive to not act first.
I desperately wish the world could work together on this problem, but I don’t see why we would given the situation.
Agreed! My point is that it’s possible financially, but yes the incentives are messy.