3 ms·

Amazon telling the public to consume less might be dangerous for its revenue.

• lotsofpulp 6y ago
  That's also any government trying to be "green" to address climate change, yet still issuing bonds assuming x% economic growth.
  • netrus 6y ago
    Don't you issue bonds at the market rate? What should a truly green government do instead?
    • lotsofpulp 6y ago
      Not issue bonds at all. The only response that could have made a meaningful difference to climate change in a meaningful timeframe was curtailing consumption of fossil fuels and other sources of emissions. That would necessarily curtail consumption, and hence run counter to all the economic growth assumptions that governments have used to make various promises about expectations of future quality of life. Bottom line is it’s politically impossible to address climate change. The solution would have been to tax fossil fuels sufficiently so that it would reduce emissions to whatever levels we could have afforded, but that would have caused a lot of pain in the short term with people having to give up a lot of niceties of modern life.
• throw_nbvc1234 6y ago
  Why not take it a step further. The US govt. telling all of its citizens to 'consume less', aka don't spend as much in the economy, could cause some level of danger to the country. Or more likely, to the elected officials reelection chances.