One must remember the capex opex distinction. Building e.g. in electricity generation with fossil fuels can be net negative, and even necessary, to bootstrap more electrified activity.
I am not saying some sectors aren't just bad need to shrink, but other sectors are good need to grow. That is what Jason Hickel thinks too, incidentally!
An across-the-board slowdown of economic activity is a very stupid --- both in terms of political impossibility and also needless sacrifice --- way to fix our climate issues.
One must remember the capex opex distinction. Building e.g. in electricity generation with fossil fuels can be net negative, and even necessary, to bootstrap more electrified activity.
I am not saying some sectors aren't just bad need to shrink, but other sectors are good need to grow. That is what Jason Hickel thinks too, incidentally!
An across-the-board slowdown of economic activity is a very stupid --- both in terms of political impossibility and also needless sacrifice --- way to fix our climate issues.