Kate Aronoff
Paying for the #GreenNewDeal#Thread 8
— Paying for the Green New Deal (@payforgnd) January 18, 2020
Transforming Investment, pt. 1
Kate Aronoff @KateAronoff
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To the detriment of climate action, mainstream neoclassical economics has discouraged recognizing the interdependence of social, ecological, and economic considerations. pic.twitter.com/sUBDog6CfU
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— Paying for the Green New Deal (@payforgnd) January 18, 2020
Mainstream environmental economists, in the course of advising policymakers, have been using models that assume a high discount rate -- i.e., productivity will grow at an exponential pace for decades to come. This assumption is wildly problematic. pic.twitter.com/jR2ivWwJUH
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— Paying for the Green New Deal (@payforgnd) January 18, 2020
Mainstream economists, in 2010, predicted that ΔT=10°C would decrease GDP by 25%. But Prof. @KevinClimate has described Δ4°C as "incompatible with an organized global community." pic.twitter.com/DA4BP6ZWmD
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— Paying for the Green New Deal (@payforgnd) January 18, 2020
[Editor's note: contemplating worst-case scenarios, in spoken remarks to journalists & scientists, climatologists eg @jrockstrom, @KevinClimate & HJ Schellnhuber have suggested that surpassing Δ5°C (ca 2100~2200) may cause Earth to fail at supporting 50% its human population.]
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— Paying for the Green New Deal (@payforgnd) January 18, 2020
A lot of money is being (mis)allocated in very stupid ways. We don't need fossil fuel subsidies and fake blood tests. We need a #GreenNewDeal. pic.twitter.com/YTYYg7LNdG
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— Paying for the Green New Deal (@payforgnd) January 18, 2020
We need to upend the conventional wisdom that gradual changes are sufficient to mitigate #climatechange. Such a rethinking means building progressive institutions to harness the people power needed for a #GreenNewDeal. pic.twitter.com/r487k24zRe
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— Paying for the Green New Deal (@payforgnd) January 18, 2020
The #GreenNewDeal needs to offer people a vision of a better world. pic.twitter.com/L5A2LVq0GG
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— Paying for the Green New Deal (@payforgnd) January 18, 2020
For the full video: https://t.co/OkD4LNE18J
Transforming Investment, pt. 1
by Kate Aronoff @KateAronoff
start time: 7h:35m
Previous threads in this series: https://t.co/zS0wEljJfK
Please stay tuned for our next thread!