none of that poses much of a current financial threat to members of the global capital faction, which is to say ruling-class asset holders and rentiers, who can afford the current costs of climate change while watching their stock portfolios grow to record highs from the AI boom / bubble. However, asset holders and rentiers do face an economic threat from the phaseout of fossil fuels, and for the fossil fuel industry itself, that threat is existential https://www.currentaffairs.org/news/liberals-cant-address-the-climate-crisis-because-it-means-confronting-capitalism #ClimateChange