3 ms·
how do you spend it?
by patrickhogan1 2y ago
how do you spend it?
- oezi 2y agoThis is about spending to replace CO2 emitting technologies in electricity production, transport and housing to net-zero sources. I recall the report mentioned that societies already spend more in GDP per year to adapt to climate change (e.g. building more AC units) than it would cost to mitigate climate change.
- patrickhogan1 2y agoReplacing CO₂-emitting technologies is already happening. To argue for this plan would require proving at least the following: 1. Spending Wisely: Invest in technologies that work and also do not introduce more problems. 2. Trusting Who Spends: Governments or others must use funds on solving the issue (not just giving money to cronies). 3. Global Cooperation: Countries working together (does Russia who sees warming as helpful comply). 4. Dealing With Inflation: The plan should address the inflation it causes, as it will raise living costs for people already struggling. 5. Better Use of Funds: Proving this use of funds is better than spending on other global issues.