Re:Climate Change in a Nutshell: The Gathering Storm [pdf]
by Brakenshire on Thursday December 06, 2018 @07:41PM
(#18624071)
The predicted costs of tackling it are significantly lower, so why not just tackle it and avoid the recession.
Also, a permanent loss of 10% is not a small recession, most recessions lead to no permanent loss, just a demand shock which is made up afterwards. A permanent loss of 10% is more like the financial crisis, and I’d rather avoid that if I can. One brought Trump and Brexit, I’d rather not add another to the mix.
Also, a permanent loss of 10% is not a small recession, most recessions lead to no permanent loss, just a demand shock which is made up afterwards. A permanent loss of 10% is more like the financial crisis, and I’d rather avoid that if I can. One brought Trump and Brexit, I’d rather not add another to the mix.