If you used stimulus to build renewable power and building efficiency? I guess that's what the #GND is all about.
If the coronavirus leads to lower CO₂ emissions, will we get the emissions back a year later? The 2008/9 financial crisis had a big rebound due to government stimulus, other crises in history were "lost years". (paper from 2012, figure updated) https://rdcu.be/bOUaB pic.twitter.com/CxBFmauUXq
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Exactly, bailing out the airlines, the automotive industry, the cruise lines and shale oil producers should not be the way to go. There should be a signal that if you fund dirty businesses, your risks will not be socialized.
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Did we really go from 650 in 1970 to 300 in 2019? That's stronger decoupling than I expected!
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I know this is a bit philosophical, but I really don't think CO2 emissions can be described as "decoupled" from economic growth as long as absolute emissions continue to rise.
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Time to abandon the fake crisis and address the real one.
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Seems like probably not. If the Olympics is postponed they're not going to hold *two*. A lot of activity - vacations, etc. - will remain suppressed while people recover financially.
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Those other crises were much more structural. Financial crises are notoriously long-lasting in their impacts, and the oil crises changed energy markets forever. We would need a very bad pandemic to have similarly long-lasting effects on emissions.
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still ...2019...or is it 2018 ...may be the emissions peak?
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