Still can’t get over the fact that an editor of the Financial Times said that we need to do away with #capitalism in order to deal with the #climate. If that’s not a sign of mainstream economics/finance finally waking up to the reality of the situation we’re in, I don’t now what is.
edit to add link (thanks Boud): https://archive.ph/2023.06.29-113742/https://www.ft.com/content/86d71297-3f34-48f3-8f3f-28b7e8be03c6
Goes hard:
"If we want oil companies to stop selling fossil fuels we should consume less of them and we should vote for governments that make them more expensive, not less. Yes, our physical infrastructure has been built over decades around petroleum use. Yes, oil companies have lobbied forever to preserve this arrangement and slow down alternatives. But no one is compelling those of us in the rich world to fly so much, drive Escalades, devour so much meat, or buy so much stuff.
…”