• matlag@sh.itjust.works
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    3 days ago

    Our economy is not in free fall right now. Everything we talk about here is not for short term. So the question is what do we want our economy to be in the coming years. Answer: great after 10 years, and then until 20 years from now, as we rip the money from oil and gas. But at the same time, declining until…

    Free fall as the cost of climate disaster will not only nullify but then dig into the budgets until we’re overwhelmed. Floods, fires, crop failures. Not only is the plan to be totally unprepared, but renouncing climate targets mean we’ll actively contributing to make the situation worse. And all of this is written already. The only way to prevent it would be to abruptly stop all fossil consumption tomorrow morning, and yes, on that we agree: it would be a disaster. We’re not talking hypothetical situations. We’re deciding today how bad it’s going to be, from very bad to absolute disaster. Very bad is we make a very very hard transition right fucking now.
    But we decided it’s more pragmatic to bet on future absolute disaster…

    But worse even for us: emergent countries are transitioning faster than expected. So it’s possible than 10 years from now, when we built pipelines, the world’s demands will be lower than planned, and we will be the idiots who wasted billions in the fossil industry and are now helpless in front of climate change driven disasters while the rest of the world, regardless how prepared they will be, will struggle just the same, because there is a limit to how much you can be prepared: you can prepare for very bad. You can’t be prepared for absolute disaster.