So for the oil/gas industry, judging by profits reported Q1 2023 for Q1 / Q4 2022, this past year was the best ever. Of course, the accounting doesn’t take ‘externality’ costs of emissions into account, nor does the accounting calculate the costs of climate change caused by greenhouse gas emissions
The costs and consequences of current oil/gas business-as-usual are beyond a clear and present calculus, but the physics of climate change are being reported across the planet, a counterpoint to the profits of the oil/gas companies. The costs and dire consequences of global climate disruption are, in fact, ‘in process’…
