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Alex Steffen Profile picture
@AlexSteffen
May 17 • 3 tweets • 1 min read Twitter logo Read on Twitter
We can't save everything

“The economic scale of the required economic adaptation... is 'beyond anything the public sector could possibly afford to fund.'”

Triage / cutting losses is a necessary part of any sensible climate response.

#brittlenessbubble
harvardmagazine.com/2023/05/financ…
“You are on your own. Good luck.”
Loss of *capacity to ruggedize* will occur sooner than the most serious impacts we're ruggedizing against.

It would be good if more people understood this

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More from @AlexSteffen

Alex Steffen Profile picture
Mar 20
"[E]very year in which emissions continue to rise eats up the available “carbon budget” and means much more drastic cuts will be needed in future years."

The longer we delay, the more likely a scenario of severe warming AND disruptive action becomes.

theguardian.com/environment/20…
Thread by @KHayhoe unpacking the report's key take-aways.

Delay buys us nothing: the worsening crises and steepening problems delay brings far, far outweigh any short-term gains we get by stalling action.

alexsteffen.substack.com/p/the-politics…
Read 4 tweets
Alex Steffen Profile picture
Mar 7
We should talk more about one injustice inherent in timid climate response: not only have poor people been economically forced into more dangerous places, but also many of those places are likely impossible to save in any realistic way as impacts worsen over coming decades.
I mean, we should be talking a lot more about just how many places around the world are likely to fail as they experience the steepening of losses from combined climate/ecological discontinuities, geopolitical upheaval and structurally inadequate adaptation.
Some related thinking here:

alexsteffen.substack.com/p/the-transapo…
Read 6 tweets
Alex Steffen Profile picture
Feb 17
How big is the Brittleness Bubble in the U.S., evaluated solely on flood risk?

Between US$121–US$237 billion.

That is a hundred-billion-dollar-plus housing bubble, and flooding is just one of many threats we face.

ht @NatBullard

#brittlenessbubble
axios.com/newsletters/ax… Image
The original study:

"Our results underscore the severity of the financial risks to current homeowners and municipalities posed by potentially widespread property price deflation."

nature.com/articles/s4155…
"Counties in black and outlined in red indicate municipalities that are both heavily reliant on property tax revenue and have high overvaluation."

This map is should ring like a thunderclap, esp considering how many of these communties are also highly vulnerable to other risks. Image
Read 5 tweets
Alex Steffen Profile picture
Feb 10
Nowhere does fractal inequality in America better display itself at the moment than in the availability of enjoyable and stress-relieving free time.

Having paid vacation, during which you are not expected to be available for work emergencies, is the new year-long sabbatical.
The HNW "sabbatical" that actually means "I'm rich enough to not work for a whole year and find the outcome emotionally rejuvenating — while winding up wealthier still, if I've invested sensibly" is a whole new beast.
Many millions of Americans receive no paid time off from their employers.

More than half of fully-employed workers who do get paid days, don't use all their days.
Read 4 tweets
Alex Steffen Profile picture
Feb 1
In a growing planetary crisis, the idea that not launching into an extraction project that is short-sighted, destructive and against most people's interest is a "win for environmental groups" seems pretty outdated.
We still need new minerals, so we need mines.

But we don't need every mine, much less every mining job.
The inability to describe sustainability wins as simply public interest wins is a sign of the broken and outdated thinking we're surrounded with.
Read 4 tweets
Alex Steffen Profile picture
Jan 24
It's a topic I find pretty thankless to discuss, but our assumption that disaster response will always be forthcoming, and that recovery and rebuilding are guaranteed, may not last out the decade.

If you want to see the trendline emerge, look at what's happening in PR.
More and more places will suffer unofficial abandonment, which is often manifest as incredibly slow (and in the end incomplete) progress towards recovery.

Read 4 tweets

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