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  1. Embed this notice
    James Bradbury (jamesgbradbury@mastodon.social)'s status on Saturday, 18-Jan-2025 07:04:02 JST James Bradbury James Bradbury
    in reply to
    • Mark Burton

    @markhburton exactly, an economic recession is like crashing a car, while degrowth is like parking the car then getting out and walking instead.

    In conversation about 4 months ago from mastodon.social permalink
    • Embed this notice
      Mark Burton (markhburton@mstdn.social)'s status on Saturday, 18-Jan-2025 07:04:03 JST Mark Burton Mark Burton

      Well now, we might think that this would be a good thing, the only way to actually get serious reduction in carbon emissions, and given the likely scenario of continued inaction / pretend action, it is.
      However, such a crash would destroy many lives and livelihoods.
      Before someone suggests it - this is not #degrowth, but unmanaged contraction.

      Global economy could face 50% loss in GDP between 2070 and 2090 from climate shocks, say actuaries
      https://www.theguardian.com/environment/2025/jan/16/economic-growth-could-fall-50-over-20-years-from-climate-shocks-say-actuaries

      #collapse #carbon #climate

      In conversation about 4 months ago permalink

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      1. Domain not in remote thumbnail source whitelist: i.guim.co.uk
        Global economy could face 50% loss in GDP between 2070 and 2090 from climate shocks, say actuaries
        from https://www.theguardian.com/profile/sandralaville
        Exclusive: Report by risk experts says previous assessments ignored severe effects of climate crisis
      Mr. Bill repeated this.

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