We’re All Climate Catastrophe Preppers Now
Trillions of dollars of financial assets are at risk.
Stock up.
Photographer: Andrey Rudakov/BloombergPreppers like to buy property in remote places like New Zealand or stockpile canned food in their basements in case civilization collapses. They are weirdos, or so I thought until I had a kid.
A girl born in Germany today can expect to live long enough to draw a pension in the year 2100. But unless our emissions are drastically reduced, the world she will inhabit is on track to be more than 3 degrees Celsius (5.5 degrees Fahrenheit) warmer than pre-industrial times — a level not seen on this planet for some 3 million years. The northern hemisphere’s past summer — which followed just one degree of warming — gave a foretaste of what that means: more droughts, powerful hurricanes, flooding and deadly wildfires.
