Last year Germany had a 10% reduction in emissions with a 0.3% decline in GDP. German GDP dropped by 3% due to the 2008 financial crisis. So oversimplified maths says a fairly noraml recession is enough to solve it. The investment into green technologies necessary to maintain a or enable a good material quality of life for everybody would boost the global economy a lot. Obviously there would be regions doing much worse, but others would do a lot better.
Most of what made the panedmic so bad, was the lack of social interactions. That is not a problem in terms of emissions. What is, is commuting to work.
This is exactly the calculation China made as they’ve positioned themselves to be the region doing a lot better. If everyone would realize this and fight for their slice of the pie, we’d be doing a lot better.
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Yep, we’d need something like the Covid lockdown(s) but over several decades.
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Last year Germany had a 10% reduction in emissions with a 0.3% decline in GDP. German GDP dropped by 3% due to the 2008 financial crisis. So oversimplified maths says a fairly noraml recession is enough to solve it. The investment into green technologies necessary to maintain a or enable a good material quality of life for everybody would boost the global economy a lot. Obviously there would be regions doing much worse, but others would do a lot better.
Most of what made the panedmic so bad, was the lack of social interactions. That is not a problem in terms of emissions. What is, is commuting to work.
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This is exactly the calculation China made as they’ve positioned themselves to be the region doing a lot better. If everyone would realize this and fight for their slice of the pie, we’d be doing a lot better.