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A comment on I liked the idea of carbon offsets until I tried to explain it. Parent comment

Re:I liked the idea of carbon offsets until I tried to expla... by JacobThreeThree on Monday April 11, 2022 @05:27PM (#30995317)
>The Bank of Canada also seems to recognize the economic costs of doing nothing

Nothing in that quote mentioned anything about the cost of doing nothing.

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Re:I liked the idea of carbon offsets until I tried to expla... by allemagne on Monday April 11, 2022 @05:46PM (#30995515)
Yes, they do. From both quotes (emphasis mine):

>"_Climate change and_ the transition to a low-carbon net zero economy will have significant macroeconomic consequences ... "

>Separately, Bank of Canada Deputy Governor Toni Gravelle said the steps _needed to mitigate the effects of global warming_ ...

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