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Are you sure that's the optimal behavior for everyone? If the entire developed world took this advice, the result would be economically devastating, particularl
by twoodfin 11y ago
Are you sure that's the optimal behavior for everyone? If the entire developed world took this advice, the result would be economically devastating, particularly in places like China.
A poor person in China cooks with coal instead of electricity from wind or solar because it's cheaper and energy costs represent a huge fraction of his daily expenses.
A well-to-do person in Connecticut doesn't mind that his electricity bill is much higher because of carbon taxes or renewables mandates because energy costs are a much smaller fraction of his expenses, and well-worth a cooler world for his children.
I am convinced that a richer world is much more likely to both reduce CO2 and better adapt to rising temperatures than a poorer world. It will also have the virtue of being a nicer place to live.
This is a long way to say the goal of policy should be reduced carbon intensity, not reduced growth.