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Climate Crisis: Act or Suffer Consequences.

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 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.
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

9 comments

  1. Carbon taxes are going away after the next election here in Canada.

  2. Bollocks.

  3. Steve…..love your work but you need to realise that climate change is a scam…… It doesn't exist…… There is no crisis

  4. @burnhamsghost8044

    Nah

  5. @sciencefliestothemoon2305

    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.

  6. Bullshit. Tax people so you can change the weather.FFS.

  7. 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.

  8. @christinamcnicholas7600

    fxxx u and youre climate crisis sjuc it

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