This isn't the free market we imagined... it's unregulated capitalism, to the point that smaller eco-friendly companies can't compete. At this point the market isn't free anymore.
We already are experiencing that. Crab fishing season was cancelled in 2022 due to a sudden “where are our missing billions of crab?” Other fishing areas are likewise being affected.
Massive crop failures in China, Russia, Middle East, Africa, south and Central America have been going on for several years. Potable water is disappearing in many regions, forcing massive water migration.
On a planetary scale, I don't think we're going to have trouble feeding ourselves, it's just that a) meat is going to become thoroughly unaffordable and b) an awful lot of crop production is going to shift towards the poles, creating many a geopolitical clusterfuck along the way.
Disaster movies are too obvious, and too tidy; it's going to be a century of the average human's life getting just a bit more hellish every year. Acutely hellish for some, barely hellish at all for others, but basically, we're going to slowly roll back most of the improvements in human welfare over the past few centuries until we've got starving serfs all over the place and plagues and famines and natural disasters absolutely flattening entire countries for years at a time.
You ever watch disaster movies? They're only 2-2.5hrs average.
Well, imagine this is a movie. The 100+ years of data we ignored was that "secret file" that was just discovered. The new high temps are the geeky science guy yelling "oh shit!"
Remember what happens right after that? Very, very quick collapse. Food disaster, heat disaster, weather events and oxygen decrease in our atmosphere.
We'll either starve, boil, suffocate or kill each other trying to survive.
I think it's within a couple years. Not decades that is typically reported.
Couple years. We won’t get off that easy. This is sloooowww slide 🛝 with road rash and rug burns. It’ll be bad, then get better, then get worse, then get better, and then…
It takes about ~30 years to see the effects of emissions on the climate. That means the climate crisis we're experiencing right now is only the emissions up to ~1993. Looking at CO2 emissions alone, in 1993 the global total was 22.8 billion tonnes. The latest Data available is from 2021, which shows the global CO2 emissions at 37.1 billion tonnes. That's in increase of 14.3 billion tonnes of annual CO2 emissions in the amount of time it takes us to feel the effects, that's a 61% increase in Annual emissions, Not Total emissions. If we stopped all CO2 emissions today, it would continue to get considerably worse for at least the next quarter-century. We are truly Fucked on the bleeding edge of that climate "tipping point" and major changes are about to start happening very rapidly.
CO2 influences the greenhouse effect - keeping more solar energy on Earth.
Solar energy gets converted into heat, heat gets absorbed. Some of it gets absorbed by oceans. Some of CO2 also gets absorbed by oceans - their pH decreases. The greenhouse effect doesn't require great time, but oceanic warming and acidification does require time. Interaction happens on the surface, but the volume is great.
Thus, delays in response are inevitable. Response may also depend on circulation - an ocean current slowing or speeding up.
Imagine a bull in a china shop destroying everything, now there is two options :
1- you take the bull out of the shop
2- you decide that it would be to inconvenient to take the bull out but you are sure that in a few decades we will invent a technology that can repair the China faster than the bull is destroying it.
Carbon capture is the option 2, we continue to break the carbon molecules for energy pretending that we can recapture later. It's not gonna happen, we need to stop emitting NOW and maybe we can think about carbon capture.