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All fossil fuel business models rely on relatively long-term (20+ years) business plans.
A predictably escalating price on carbon destroys these business models.
It also creates a dramatic financial incentive to put carbon back in the ground.
Everything You Have Been...
@XavierHelgesen on Twitter
As Ahab remarked on the last day of his epic pursuit of the White Whale: I’ve sometimes thought my brain was very calm—frozen calm, this old skull cracks so, like a glass in which the contents turn to ice, and shiver it.
Termination Shock
Neal Stephenson
A less mathematical version is as follows. Some adjectives about words apply to themselves. “English” is an English word while “polysyllabic” is a polysyllabic word. Some adjectives do not apply to themselves. “French” is not a French word and “long” is not a long word. We call an adjective Russellian if it does not apply to itself, so “French” and “long” are Russellian. Is Russellian a Russellian word or not? Either choice leads to a contradiction.
The Little Book of Mathematical Principles, Theories & Things
Robert Solomon
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