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A comment on Humans have caused 1.5 °C of long-term global warming according to new estimates. Parent comment

Re:Humans have caused 1.5 °C of long-term global warming acc... by lotsofpulp on Sunday November 17, 2024 @02:19PM (#42166308)
It is a wealth transfer from people who currently have cash and earn cash (workers, since increases in pay lag the rate at which currency loses purchasing power) to people who have assets and COLA adjusted annuities (wealthy people and old people).
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Re:Humans have caused 1.5 °C of long-term global warming acc... by Schiendelman on Sunday November 17, 2024 @06:12PM (#42168195)
Assets and cola adjusted annuities also lag. They may lag less, but that's a discussion to have.

Real median wages have gone up more than inflation has over the last few years. It's just not evenly distributed.

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