Thomas wrote:That's quite possible, but "destroying the Earth" -- which is what you were talking about -- would surely count as a multiple trillion dollar damage.
in a destroyed world a trillion dollar isn't worth anything
Thomas wrote:On the other hand, global warming might just as well create entirely new ecosystems that would never have emerged without it. How does that figure into your calculation?
It could create entirely new ecosystems, but nature had million of years time to develop such running ecosystems. Of course we could eradict animals and plants and give nature the time to evolve again. But is this a good idea? Ask the next (perhaps 10, 100 or more) generations if they would like to live in such a world.
Thomas wrote:I don't know where the benefit is, but it must be somewhere, or else drivers wouldn't choose to put up with traffic jams and pass on the public transportation.
My argument was that you don't have to invest that much money in inventing new technology to contain greenhous gases emission. Sometimes it would be cheaper to change the behaviour of the people. Only because the majority of the people does something, their behavior has not to be a good idea.