> Yes, all spending will at some point have to be accounted for, but it is relatively easy for governments to borrow money if the political will exists. I thin

> Yes, all spending will at some point have to be accounted for, but it is relatively easy for governments to borrow money if the political will exists. I think the next few years will show you why unchecked borrowing is a bad thing. Ultimately, the people who lose their homes pay for it. > To reduce global CO2 emissions to zero the estimates are in the range of 100-200% of global GDP. This seems to be an amount of money that could easily be raised as debt or created via monetary policy. What is holding back such an investment? Where are those numbers coming from? So far we have invested a significant amount and not seen anywhere close to those returns on investment. Not only this, but in what Universe is 200% global GDP sustainable? > This seems to be an amount of money that could easily be raised as debt or created via monetary policy. Ultimately, somebody always foots the bill - and it's normally the poorest people who lose the most. What you're asking for is for these people to suffer. I don't consider this an acceptable trade.