> About 1-2% of GDP
In economic terms, 1-2% of GDP is the difference between a year worth celebrating and a shitty one.
OK, I exaggerated a bit, but it is absolutely not negligible over a couple of years, and a catastrophe over 50 years.
In economic terms, 1-2% of GDP is the difference between a year worth celebrating and a shitty one.
OK, I exaggerated a bit, but it is absolutely not negligible over a couple of years, and a catastrophe over 50 years.
Basically you get one bad year, and every year after that you don’t notice the difference. Much like how our military spending is a lot of money but you only notice when it changes. The economy might even be larger today if we had gone down that path because of increased efficiency and cleaner air.
> a catastrophe over 50 years.
It is a palpable obscenity for you to use the word "catastrophe" to refer to a 2% decrease in the GDP but not for the complete devastation of our biosphere.
I heard a theory once that only a certain number of human souls were ever created, and after that, a lot of people got born with partial souls or no souls at all.
I found it charming but unconvincing, but sometimes I wonder...