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> I always joked that Republican presidencies would induce recessions that were far more of a positive environmental effect at the macro level than Democratic f
by danans 5y ago
> I always joked that Republican presidencies would induce recessions that were far more of a positive environmental effect at the macro level than Democratic false advocacy. Nobody in the liberal circles every found that funny.
Funny joke. But it rings kind of hollow. Those recessions do little for long term environmental improvement because they channel investment toward the cheapest price (at the time) but highest externality sources of energy, like coal. People getting poorer and running their heating less doesn't help get us off fossil fuels.
Arguably the high fuel prices spurred by Arab oil embargo and the now the Ukraine invasion, coupled with higher fuel economy standards, real climate advocacy, and subsidies for renewable generation have had more of a macro effect on reducing emissions than any recessions one might attribute (fairly or not) to Republican presidents.