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Suppose we are 100% confident about the threat. Even then, I fear that it is likely that the EU unilaterally cutting emissions - and most likely limiting their
by agent008t 6y ago
Suppose we are 100% confident about the threat. Even then, I fear that it is likely that the EU unilaterally cutting emissions - and most likely limiting their own economic growth - will hurt the EU (particularly relative to China) and only have a minor effect on addressing the threat.
By economic growth I mean actual overall economic growth. E.g. if in some location, powering something by coal is more cost-efficient than powering it by solar but you convert to solar anyway, you are limiting economic growth. I do get that it may actually make economic sense if you count third-party effects - e.g. that replacing coal with solar makes the area a much nicer place to be, increasing the value of the land. But my point is that if you truly believe that cutting emissions is a road to increasing the wealth of your nation, you should be talking about increasing the wealth of your nation and adopting policies to that end and see emissions decrease as a side-effect.
Otherwise, there is a very easy way of reducing emissions - have people emigrate, make them unable to afford housing or afford to have children, shut down manufacturing and other economic activity, destroy infrastructure or allow it to decay.
Given that a lot of people, particularly young people, are struggling in many places in Europe and do not see a particularly bright future to put it mildly, and that China is growing at a rapid pace, unilaterally stunting your already barely-there economic growth just comes off as another act of self-flagellation by Europe.