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Think you’re being optimistic on the job destruction front, Bjorn. Investment already becoming paralysed and capital allocation distorted.
Big #Green means more top-down dirigisme, bureaucratic interference, arbitrary decision shifts, political -not economic- ‘entrepreneurship’.
When you're told that climate policies will create thousands of jobs, it is mostly wrong. Likewise, climate policies won't destroy tons of jobs. The job effect is likely close to zero (Climate policies impact CO₂ (↓), and welfare (↓), not jobs(0)) https://www.nber.org/papers/w26093.pdf …pic.twitter.com/LSGFC5mWYE
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Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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I certainly agree that climate policies don’t create jobs. But surely policies that increase energy costs will be detrimental to many industries & that will likely result in plants being closed & work being moved to lower cost countries in Asia? (For zero global emission benefit)
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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But could create a lot of money to the gov/state. Create fear and people are ready to pay extra tax! MONEY, MONEY, MONEY.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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Further, extra jobs are a cost of doing something, not a benefit.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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Bjorn, I suspect that dealing with sea level rise will keep a lot of people busy for a long time, especially adjusting coastal infrastructure.
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Yes, but beware of the "broken window fallacy". https://en.wikipedia.org/wiki/Parable_of_the_broken_window …
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Uusi keskustelu -
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So now there being honest to say it’s all actually about creating jobs.
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Or avoiding to talk about another HUGE issue.. our debt, our monetary system. Those who feed us climatechange are the same that fed us piles of debt.
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Isn’t that more like the *net* effect? The total number would stay almost the same, but there would be disruption as old jobs disappear and new appear.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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