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Yes but those 1% are also the ones developing greener technology. Yes we could be doing better but the point is you need a solid industrial base to develop the

by xupybd 6y ago

Yes but those 1% are also the ones developing greener technology. Yes we could be doing better but the point is you need a solid industrial base to develop the technologies that will allow us to have so many people on the planet without destroying it. It's a hard road ahead but we have a good shot at making it.

oivey 6y ago
Almost all of that 1% is not developing greener technology, and it’ll be nearly impossible for tech alone to close the emissions gap between poor and rich. If we want to fix the pollution problem it has to start with the wealthy reducing consumption.
- xupybd 6y ago
  I agree my point is not that a significant portion of the 1% are developing green technology, it's that a significant portion of those developing green technology are in the 1%. You need to have a certain level of wealth to invest in your time in such things.
pjc50 6y ago
Quite a lot of the top 0.01% is oil wealth and reducing CO2 is directly against their interests.
learnstats2 6y ago
Disagree. As far as greener technology has been driven by incentives from democratic nations, the 50% have much more influence. Tesla (let's say) is not dependent on the wealth of billionaires: it is dependent on billions from government grants, some of which end up in the billionaires' pockets.
II2II 6y ago
Almost all of the people developing greener technologies may be in the 1%, but that does not imply that many in the 1% are developing greener technologies. We also need to consider the target of those technologies, how much greener they are, and how they impact consumption. Say those 1% are developing incrementally better technologies for the 1% that inadvertently increases the environmental impact (e.g. replacement of technologies where the bulk of the impact comes from production rather than use), then there is a strong possibility that the situation is being made even worse.

by xupybd 6y ago

oivey 6y ago

Almost all of that 1% is not developing greener technology, and it’ll be nearly impossible for tech alone to close the emissions gap between poor and rich. If we want to fix the pollution problem it has to start with the wealthy reducing consumption.

xupybd 6y ago
I agree my point is not that a significant portion of the 1% are developing green technology, it's that a significant portion of those developing green technology are in the 1%. You need to have a certain level of wealth to invest in your time in such things.

pjc50 6y ago

Quite a lot of the top 0.01% is oil wealth and reducing CO2 is directly against their interests.

learnstats2 6y ago

Disagree. As far as greener technology has been driven by incentives from democratic nations, the 50% have much more influence. Tesla (let's say) is not dependent on the wealth of billionaires: it is dependent on billions from government grants, some of which end up in the billionaires' pockets.

II2II 6y ago

Almost all of the people developing greener technologies may be in the 1%, but that does not imply that many in the 1% are developing greener technologies. We also need to consider the target of those technologies, how much greener they are, and how they impact consumption. Say those 1% are developing incrementally better technologies for the 1% that inadvertently increases the environmental impact (e.g. replacement of technologies where the bulk of the impact comes from production rather than use), then there is a strong possibility that the situation is being made even worse.