Unchecked climate change is going to be stupendously expensive

America is shooting itself in the foot

A car sits in flooded water in Montecito, California.
(Image credit: AP Photo/Marcio Jose Sanchez)

Climate change is first and foremost a threat to human society.

That fact has been somewhat obscured in regular discourse, in favor of a false dichotomy portraying climate policy as an upper-middle-class noblesse oblige idea for anxious birders and other environmentalist types, and hardheaded economists who think building up yet more wealth is more important.

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