Is it too late ?
- A couple of comments on the Guardian article referred to (which I had already
seen through another e-group).
1. A recession is a very inefficient way to reduce greenhouse gas emissions. The
intricacy of our economy makes it akin to selling a valuable painting as
I believe, and have said before, that the ultimate cause of our current economic
recession is the failure of governments and people across the world to respond
to the imbalance between oil demand and supply which led to the recent price
spike. This spike was the first manifestation of Peak Oil. Enough US money
flowed out of the country to the oil producing countries to lead to a crisis of
confidence in the US credit industry, which spread across the world.
Is this a reasonable reading of events ? If so, can we get an influential
economist to say so in public ? This might, just might, lead to the action which
Robin Chase is called for.
2. I think that UK decision makers too have their head in the sand. We are still
planning massive expansion projects for the aviation and inter-urban road
transport industries -- see
<http://www.bettertransport.org.uk/campaigns/climate_change> and links
thereffrom. In my area the Highways Agency has just exhibited its plans for the
third most damaging road proposal (A14) which were even worse than I had feared
in that almost all the advantages which could have accrued from a better planned
scheme, which our group might have supported at least if the original cost
estimate had been maintained, have vanished.