Member-only story
The Extinction of the Human Race and The Dot Com Bust 2.0
This morning I read two stories in the the Wall Street Journal and the The New York Times that were about Silicon Valley Unicorn companies losing 100 Billion USD and how the world’s richest countries will not meet many of their emission targets or as in the case of the United States will actually emit more climate change accelerating gases. How can we utilize all of this excess capital Venture Capitalists have to spend while also doing good for the environment?
Somini Sengupta on November 26th 2019 published an article in the The New York Times about how a recent UN report has found that the world is heading to climate catastrophes. The United States and China will not meet their emission targets and are even undoing progress made towards trying to meet those goals. The pledge to reduce emissions is important to protect people who live in areas that are already being influenced by climate change as reported here, here, and here. If you read any of these articles and are a climate denier you will probably just get more angry the more you read, but the fact is things are changing for the world. Daytime flooding that used to last only a few days in the Florida Keys and Miami now occur frequently. Category 5 Hurricanes are more frequent. Venice floods last longer and are higher. Towns in Louisiana will eventually get swallowed by the Gulf of Mexico…