Points of Comparison — Can we Afford a Fair Global Climate Transition?

| May 11, 2022 | Leave a Comment

Item Link: Access the Resource

Publication Info: EcoEquity Project

Date of Publication: April 18

Year of Publication: 2022

Publication City: Berkeley, CA

Publisher: Earth Island Institute

Author(s): Tom Athanasiou

“Anything we can actually do, we can afford” – John Maynard Keynes

How to create the political backing for the international effort necessary to achieve a fair and rapid global climate transition, even though that support would be properly denominated not in billions of dollars but rather in trillions, or even as percentages of Gross World Product?

One eye-opening approach is to proceed by way of comparison – to show that the likely costs of the climate transition, great though they may be, are small when considered against the alternatives, and entirely affordable when considered against other, even larger expenditures, which we routinely accept as inevitable, even though they are often ill-conceived and sometimes criminally frivolous, and tend increasingly to be self-destructive on a monumental scale.

Read the full article here.

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