4 ms·
Popular may be the wrong word. Climate change is driven by carbon/greenhouse emissions, which are generated by productivity/industry, which is created by our e
by meowkit 5y ago
Popular may be the wrong word.
Climate change is driven by carbon/greenhouse emissions, which are generated by productivity/industry, which is created by our economic paradigm namely capitalism.
Capitalism is great imo, except when its unconstrained - it then becomes cancerous and a positive feedback loop. Feedback loops are exponential by their implicit mathematical nature. Either this loop is going to go vertical and explode, or we temper the exponentiation rate to buy more time.
A carbon tax will temper the growth rate by treating emissions as a cost and not a willie nillie economic “externality”. But this will make a country uncompetitive in the short term - which makes it politically tenuous and even unviable to those who can only think in the short term. It would likely need to be paired with incentives for other industries and trade agreements/sanctions to force other nations to cooperate.
So all this to say our solutions are become tree hugging hippies, techno optimism (new efficient technology will save us!), or capital controls (carbon tax, etc). I don’t know about everyone else, but the first one is a pipe dream, the second is an existential gamble, and the third one actually seems manageable.