Avoiding short-term economic detours on the long road to environmental sustainability

Can’t effectively use one problem to solve for another.

“At the same time that immediate job creation is not the only way to assess stimulus, tons of carbon reduced is not the only way to evaluate the climate effect of spending. That is because government spending is not the key driver of decarbonization. While more government spending is surely needed, any such spending will be dwarfed by the over $70 trillion that the International Energy Agency projects will need to be spent in the energy sector over the next two decades in order to meet the Paris climate agreement’s goals.”

[from Foreign Policy]

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