The only thing that makes sense is that they honestly DO believe a big pile of money will save them. Their big pile of money has been getting them out of trouble their whole lives, why would they expect it to all of a sudden stop working in this case? They're wrong, but they don't know that (yet).

I mean realistically speaking the vast majority of the effects of climate change in our or even our children's lifetimes are going to most dramatically affect developing nations by far.

Like yeah, by and large the people with AC in almost every home in the country are gonna be fine lol. Places where there's already problems with getting everyone clean drinking water? Not so much.