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If only it was just shuffling money around. From another post today: > in the three years since the signing of the Paris climate accord, which was designed to

If only it was just shuffling money around. From another post today: > in the three years since the signing of the Paris climate accord, which was designed to help the world shift away from fossil fuels, the banks’ lending to the [fossil fuels] industry has increased every year, and much of the money goes toward the most extreme forms of energy development. [0] Also I wonder how much of that "dematerialization" is due to outsourcing manufacturing to other countries. [0] https://www.newyorker.com/news/daily-comment/money-is-the-oxygen-on-which-the-fire-of-global-warming-burns https://www.newyorker.com/news/daily-comment/money-is-the-ox...

RyanAF7 7y ago
The Paris Accord was just another UN attempt to strangle the autonomy from the US via Article 6 of the Constitution. Let it go.
sanxiyn 7y ago
Surely some of it is US outsourcing relatively material-heavy manufacturing and concentrating on relatively material-light manufacturing (US manufacturing is up, it's not total outsourcing of manufacturing), but that doesn't explain the case of global dematerialization of paper for example. For the case of, say, substitution of paper book with ebook, dematerialization does seem to be happening.
wallace_f 7y ago
That's nice virtue signalling, but at what point would finance's share of US GDP be alarming to you? Should 1 in 10 people really be working to allocate resources? In another industry, healthcare, people complain passionately about the costs but never about the fact that while technology, efficiencies have improved there has been a 100-fold increase in the number of healthcare administrators per capita. A lot of our economy is just shuffling people and money around -- not actually efficiently allocating resources to produce useful goods and services--oh about that abnormal growth in the people who are supposed to be responsible for that?
- perfunctory 7y ago
  The finance's share of US GDP, as well as the number of BS administrative jobs, IS alarming to me. I am not sure how my comment implied otherwise.
golemiprague 7y ago
Yeah, and one of those industries, fracking to be precise, is responsible for most of the decrease in emissions because electric companies moved to use is instead of coal. Much more than renewable energies and much more than whatever the Paris accord was preaching for.

RyanAF7 7y ago

The Paris Accord was just another UN attempt to strangle the autonomy from the US via Article 6 of the Constitution. Let it go.

sanxiyn 7y ago

Surely some of it is US outsourcing relatively material-heavy manufacturing and concentrating on relatively material-light manufacturing (US manufacturing is up, it's not total outsourcing of manufacturing), but that doesn't explain the case of global dematerialization of paper for example. For the case of, say, substitution of paper book with ebook, dematerialization does seem to be happening.

wallace_f 7y ago

That's nice virtue signalling, but at what point would finance's share of US GDP be alarming to you? Should 1 in 10 people really be working to allocate resources? In another industry, healthcare, people complain passionately about the costs but never about the fact that while technology, efficiencies have improved there has been a 100-fold increase in the number of healthcare administrators per capita. A lot of our economy is just shuffling people and money around -- not actually efficiently allocating resources to produce useful goods and services--oh about that abnormal growth in the people who are supposed to be responsible for that?

perfunctory 7y ago
The finance's share of US GDP, as well as the number of BS administrative jobs, IS alarming to me. I am not sure how my comment implied otherwise.

golemiprague 7y ago

Yeah, and one of those industries, fracking to be precise, is responsible for most of the decrease in emissions because electric companies moved to use is instead of coal. Much more than renewable energies and much more than whatever the Paris accord was preaching for.