by Summary:
To mitigate climate change's economic impact, we need to rethink our approach. First, let's talk about private debt. Imagine trying to swim with a heavy backpack. That’s what private debt does to our economy. It weighs us down. Reducing private debt levels frees up resources. People can invest in their future. They can spend on sustainable options. Next, consider renewable energy infrastructure. Think of it as planting a garden. You nurture it, and it grows. Investing in renewables creates jobs and innovation. It’s a win-win for the economy and the planet. Lastly, carbon taxes. Picture a speeding car. Without brakes, it just keeps going. Implementing carbon taxes slows down emissions. It encourages companies to innovate. They’ll find cleaner ways to
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To mitigate climate change's economic impact, we need to rethink our approach. First, let's talk about private debt. Imagine trying to swim with a heavy backpack. That’s what private debt does to our economy. It weighs us down. Reducing private debt levels frees up resources. People can invest in their future. They can spend on sustainable options. Next, consider renewable energy infrastructure. Think of it as planting a garden. You nurture it, and it grows. Investing in renewables creates jobs and innovation. It’s a win-win for the economy and the planet. Lastly, carbon taxes. Picture a speeding car. Without brakes, it just keeps going. Implementing carbon taxes slows down emissions. It encourages companies to innovate. They’ll find cleaner ways to
Topics:
Steve Keen considers the following as important:
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Mike Norman writes The 20 EMU Member States are not currency issuers in the MMT sense — Bill Mitchell
Mike Norman writes (II) Xu Gao’s case for Beijing to spend — Yuxuan JIA and BU, Xiaoqing
John Quiggin writes We or They
John Quiggin writes Monday Message Board
| To mitigate climate change's economic impact, we need to rethink our approach. First, let's talk about private debt. Imagine trying to swim with a heavy backpack. That’s what private debt does to our economy. It weighs us down. Reducing private debt levels frees up resources. People can invest in their future. They can spend on sustainable options. Next, consider renewable energy infrastructure. Think of it as planting a garden. You nurture it, and it grows. Investing in renewables creates jobs and innovation. It’s a win-win for the economy and the planet. Lastly, carbon taxes. Picture a speeding car. Without brakes, it just keeps going. Implementing carbon taxes slows down emissions. It encourages companies to innovate. They’ll find cleaner ways to operate. These steps are not just good ideas. They are essential for a sustainable future. Ignoring them is like ignoring a fire alarm. The consequences will be dire. We can’t afford to wait. The time for action is now. Let’s lighten the load, plant the seeds, and apply the brakes. It’s not just about saving the planet. It’s about ensuring a livable future for all. |
The pension debts are £16 trillion increase at 10% per annum in the UK
How is that sustainable?
oh dear. and igenuineky thought youd be smart enough to see through the obvious global warming scam
I thought we were supposed to just tax civilians into oblivion
Wow, face palm. I was in grade school in the 1980's when they came in and said in 20 years the Amazon rain forest will be gone if we don't stop the trees from being cut down. We will have a hard time breathing since its the largest source of trees and they produce all this oxygen for the planet. Well, they didn't stop, the rain forest is still there (I agree not as it was) and oh yeah, that isn't the largest grouping of trees on the planet. That exists all around the globe up here in the Northern hemisphere below the artic line. Then they tried Recycling, there is not enough stuff in the Earth to sustain us, then Pollution, fixed that, then Ozone hole (fixed itself apparently), Then not enough Water, so large areas will turn to desert, then came Cow Flatulence, Sea Rising Erosion, (you do know that if you erode sand from point A it gets redistributed to point B), Polar Caps Melting, (if you melted all the polar ice the sea level would only rise a few inches at most) Global Cooling, Global Warming, now its just Climate Change, well duh, the climate changes, Earth is not a static biosphere. I'm not saying we shouldn't do what we can, but this global doom saying is ridiculous and has been going on for thousands of years. There have always been people clamoring about nature's pending doom.
Those are band aids to the source of the problem. Problem identification, the disease, comes first. Detecting if economic blood pressure is dropping when credit sharply declines is a symptom, for example. All well and good, but that doesn’t do a thing about the disease that causes the blood pressure loss.