Originally posted by @freakykbh
Because the predictions are based on calculations which, regardless of veracity, are only possible with mathematics?
Why ask such a time-wasting question?
There's not a scheduled appointment for the end game, sponsored by climate change results of which I am aware.
Extrapolation of this type has never yielded anything but eventual ridicule, but even ...[text shortened]... uld have been incurred in many areas of the planet... areas upon which business is taking place.
Isn't it a moot point since you figure all this faldarah about climate change is false, no such thing and ESPECIALLY no human caused climate change.
His point was banks only deal with relatively short term things, 30 year loans and so forth and so a loan taken out today is done well before 2050, a time projected to be past the point of no return but still a recognizable shoreline and such.
If said bank was in say, New Orleans, and in time it is proven that city will be underwater in 2100, they will just move the assets inland, loans continued, if something is permanently flooded, that is for the insurance companies to deal with not the banks making the loans.
Banks could care less about 2100 since that time frame is way out of their area of business.
The only long term loans are in Japan where they pay millions for a shack and have in fact 100 year loans where the grandkids are also in debt whether they want to or not.
Even there, I doubt any banker feeds in relevant climate change data in there calculus of the loan. They go, can the recipient of the loan continue to pay the 2000 dollars a month till the end of the loan. That's their calculus.