Climate change deniers often like to say we can't afford to undertake the mitigations necessary to reduce carbon pollution and transition to green energy sources. "It's bad for the economy," they say. Compared to what, I ask. According to initial insurance estimates the cost to repair the damage from hurricanes Harvey and Irma will total $50 to $70 billion dollars (source.)
That's just to repair the damage. It doesn't include having the economies of most of East Texas and much of the entire state of Florida off line for several weeks, which will cost the national economy more tens of billions. Just as predicted, the hotter oceans are producing more and stronger storms that cause more damage than ever before.
Why is it that we cannot afford to take the preventative steps to prevent such catastrophes but we generally seem to find the money to put things back together after them?