3 ms·
> About 1-2% of GDP In economic terms, 1-2% of GDP is the difference between a year worth celebrating and a shitty one. OK, I exaggerated a bit, but it is abs
by pif 4y ago
> About 1-2% of GDP
In economic terms, 1-2% of GDP is the difference between a year worth celebrating and a shitty one.
OK, I exaggerated a bit, but it is absolutely not negligible over a couple of years, and a catastrophe over 50 years.
- Retric 4y agoYou lose 1% GDP not 1% GDP growth rate per year. Basically you get one bad year, and every year after that you don’t notice the difference. Much like how our military spending is a lot of money but you only notice when it changes. The economy might even be larger today if we had gone down that path because of increased efficiency and cleaner air.
- TomSwirly 4y agoYour argument is this: "Rather than give up 2% of our income, we should condemn all our descendants for the rest of time to a blighted ecosystem." > a catastrophe over 50 years. It is a palpable obscenity for you to use the word "catastrophe" to refer to a 2% decrease in the GDP but not for the complete devastation of our biosphere. I heard a theory once that only a certain number of human souls were ever created, and after that, a lot of people got born with partial souls or no souls at all. I found it charming but unconvincing, but sometimes I wonder...