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    Mark Burton (markhburton@mstdn.social)'s status on Saturday, 18-Jan-2025 07:04:03 JSTMark BurtonMark 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 conversationabout 4 months ago from mstdn.socialpermalink

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      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
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