How is it you think that CO2 emissions reductions decrease GDP?
Is it by reduced power consumption? Higher costs? What? Do you have an economic explanation?
How is it you think that CO2 emissions reductions decrease GDP?
They don't.
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The US has reduced CO2 emissions by about 12% since about 2007. Our GDP is higher.
Do you have an economic explanation?
If you decreed a 10% reduction in US CO2 emissions in 2017, you would cause a recession.
Our economy runs on fossil fuel. No getting around it at this point.
If you want to build 30 nuke plants in the next 10 years, you could reduce emissions without forcing a recession.
No one is decree-ing a 10% reduction in CO2 emissions without some alternative. That's the point.
It's not a "contract the economy" situation or the governments would have just done it already, that's easy to do. They are bickering over how to do it without causing a recession, that's obvious...and the Paris accords supposedly has finally addressed that.
The most obvious solution is to follow Germany's Energiewende. Germany has done most of the hard work on integrating Renewables to a US-sized Interconnect.
No one is decree-ing a 10% reduction in CO2 emissions without some alternative.
This moron is.......
Earlier this month climate professor Alice Bows-Larkin said that in order to win the warming war, developed nations need to sharply cut their output while the Third World needs to increase its output.
"If you're in a country where per capita emissions are really high — so North America, Europe, Australia — emissions reductions of the order of 10% per year, and starting immediately, will be required for a good chance of avoiding the two-degree target," she said
That would cause a hell of a recession......