by Summary:
Climate change is often viewed as a distant threat. Many believe that economic growth will simply continue, unscathed. This is a dangerous misconception. Ignoring the reality of climate change is like ignoring a storm brewing on the horizon. It’s easy to think it won’t affect you until it’s too late. To mitigate climate change's economic impact, we need to act decisively. First, reducing private debt levels is crucial. High debt levels limit investment in sustainable practices. Think of it as trying to swim with weights strapped to your ankles. You can’t move efficiently or effectively. Next, shifting to renewable energy sources is essential. Fossil fuels are like a ticking time bomb. They’re convenient now, but their long-term effects are catastrophic. Switching
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Climate change is often viewed as a distant threat. Many believe that economic growth will simply continue, unscathed. This is a dangerous misconception. Ignoring the reality of climate change is like ignoring a storm brewing on the horizon. It’s easy to think it won’t affect you until it’s too late. To mitigate climate change's economic impact, we need to act decisively. First, reducing private debt levels is crucial. High debt levels limit investment in sustainable practices. Think of it as trying to swim with weights strapped to your ankles. You can’t move efficiently or effectively. Next, shifting to renewable energy sources is essential. Fossil fuels are like a ticking time bomb. They’re convenient now, but their long-term effects are catastrophic. Switching
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Mike Norman writes Trade deficit
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New Economics Foundation writes What are we getting wrong about tax
Sandwichman writes The more this contradiction develops…
| Climate change is often viewed as a distant threat. Many believe that economic growth will simply continue, unscathed. This is a dangerous misconception. Ignoring the reality of climate change is like ignoring a storm brewing on the horizon. It’s easy to think it won’t affect you until it’s too late. To mitigate climate change's economic impact, we need to act decisively. First, reducing private debt levels is crucial. High debt levels limit investment in sustainable practices. Think of it as trying to swim with weights strapped to your ankles. You can’t move efficiently or effectively. Next, shifting to renewable energy sources is essential. Fossil fuels are like a ticking time bomb. They’re convenient now, but their long-term effects are catastrophic. Switching to renewables is akin to trading in a gas-guzzler for an electric vehicle. You save money and reduce emissions. Lastly, implementing carbon taxes is vital. Many argue it’s a burden on businesses. But consider it a necessary toll on a highway to a sustainable future. Those who pollute should pay for the damage they cause. Ignoring these steps will lead to catastrophic economic and environmental consequences. We’re not just talking about rising temperatures. We’re facing potential economic collapse. If we don’t change course, we’ll find ourselves in a world where survival is a daily struggle. The choice is clear. Act now, or face the consequences later. The storm is coming, and it’s time to prepare. |
Carbon taxes are going away after the next election here in Canada.
Bollocks.
Steve…..love your work but you need to realise that climate change is a scam…… It doesn't exist…… There is no crisis
Nah
Well formulated argument
Carbon taxes don't seem to be a good idea. The increase in price will burden the lower income strata whereas the higher earners couldn't care less.
Rather cancelling all the oil and gas subsidies and supporting solar, wind, batteries, hydro (to a degree), more efficient energy infrastructure.
Bullshit. Tax people so you can change the weather.FFS.
Nah.
Market theory is all very good, and adding a cost to a minor pollutant is all very clever: BUT… CO2 production is part of EVERY major aspect of developed human societies.
A carbon tax is a tax on everything, and one applied layer upon layer upon layer. Increasing the cost of everything.
fxxx u and youre climate crisis sjuc it