THOUGHT EXPERIMENT: Some 70% of people, depends how you ask, accept the global emergency. Climate system destabilisation is one aspect, declining biodiversity and increasing pollution is another. I ask: what would actually *break* if humanity responded decisively? 1/

Climate: a decisive response = cap on fossil fuel extraction and planned phase out. Fewer private car journeys, less electricity. Nothing would *break*. We still live and eat. There are alternatives and we can all cut back and share more. So what are we afraid of breaking? 2/
Pollution: reducing the above helps all that, cracking down on pollution and biodiversity loss will reduce materials consumption but changing and sharing we can still live on the planet. What would break? 3/
Most pollution and resource consumption is done by rich people. Billions of poor people live and thrive so the rich can too. Nothing will *break* there? 4/
Of course, a rapid reduction in resource consumption, less of most things and enough of the essentials for everyone will *break*something. Economic growth for one thing. But if that broke, what would *break*with it? 5/
I guess the economic system would break. Stop working. Jobs would disappear. If jobs go, people's lives get broke. So if we respond to the emergency by cutting back we know what gets broke. But wait. 6/
Most jobs disappearing doesn't HAVE to *break*anything does it? As a society we could reorganise. Society existed before jobs - that is a man-made construction. There must be plenty of alternatives: set up a government agency and employ everyone. There is always plenty to do. 7/
So what this little thought experiment tells me is we are all afraid of losing our jobs. Take away that fear and we can get on with dealing the emergency. Suggestions please! Nothing will *break* if anyone replies to my tweets sometime. I might even smile!8/8

More from Climate change

So What Really Went Down During The Flood In High River Alberta ? Was Something Else Going On ~ DUMB Question? The High River Flood 5 Years Ago - Heartland

What’s The Big Business In Town ~ High River Ab?

https://t.co/TiqRwudadP


Interesting ....And Then We Have That Fundraiser ~ Tom Jackson


Tom Has A Big Heart ♥️ Great Read ~ The People Connected https://t.co/T5Xf5yJM59


Stay With Me And Let’s See Where This Leads Us Q Patriots!
Look Here 👇 What’s #yyc & #yql ?

You May Also Like

A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.