Comment Re:There is no denying the Earth is getting hotter (Score 1) 877
according to US actuarial tables, a human life is worth about $13 million
First mistake: These values are for a US/Western life. The values for "foreigners", especially third-world countries where most of the casualties will be, is MUCH lower. Also when there will be a famine, the first casualties will be the "weak": elderly, handicapped, children, women
Economically speaking, some of them will be net profits.
Second mistake: The economic loss as you calculate will be in the countries of origin. This will reduce the world economy, but will have less impact on the western world. This has the pervert effect that western economy will have a greater percentage of the world wealth and as a consequence a greater influence, so why would anyone want to invest in a worse future?
Third mistake: You assume the US cares about the financial well-being of others. Investors will lay off hundreds of thousands of people to gain 3% more return on their investment. The cost of keeping a pet is greater than the cost of medication and nutrition of a few African/Asian children.
Forth mistake: You assume (the majority of) people will plan ahead and/or see the consequence of their actions. Look at all the debt we rack up. Look at how we "bury" our waste (including nuclear) like putting it in the ground will make it magically disappear. Look at how people (ab)use antibiotics.
Fifth mistake: You assume the loss of money will be evenly spread amongst all people. This is untrue as we can see in the economic crisis. The wealthy/powerful, who decide policies, will see little impact while the poor/weak will take the biggest hit.