Technocracy News & Trends for Thursday, September 5, 2019
The wild predictions of cost for implementing the Green New Deal are staggering. Nonetheless, claims are now being made that GNC is cheap compared to the negative effects of ‘global warming’.
The irresponsible economic promotion of this is equally staggering. Even a college freshman taking Economics 101 knows that all economic activity is directly related to the amount of energy available to it. If energy consumption is curtailed, so is economic activity and thus, the welfare of all humans. The object of Sustainable Development is not to increase economic activity, but rather vastly reduce it.