tag:blogger.com,1999:blog-4900303239154048192.post1200240558504295577..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Growth in GDP, Growth in Carbon Emissions: Cause and EffectUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4900303239154048192.post-90476461181100652932016-06-09T04:04:48.867-04:002016-06-09T04:04:48.867-04:00Economic growth on a finite planet must stop event...Economic growth on a finite planet must stop eventually (there are limits to efficiency). It would be good to get to that point in a controlled fashion rather than its being forced by nature.<br /><br />Peter is on the right lines in that jobs can increase in a degrowth world but salaries must decrease to compensate. We need a lot less stuff than we want and will have to accept that if we want to do something about environmental degradation, including climate change.<br /><br />Consumption-based emissions accounting is the way to go, if only we can get an agreed method of doing that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-35898009699174468972016-06-06T19:57:27.711-04:002016-06-06T19:57:27.711-04:00PT, more expensive food, all else equal, means hig...PT, more expensive food, all else equal, means higher GDP, assuming inelasticity of demand for food, which is reasonable.<br /><br />But your larger point is correct in this sector: what appears likely (perhaps unavoidable) is that productivity (GDP per job) will decline significantly in agriculture due to decarbonization. This is a specific example of declining fossil fuel use driving declining GDP rather than the other way around, which is the main idea in the OP.<br /><br />I doubt that declining productivity will "save" us across the board, however, nor would we want it to.<br /><br />Would we?Peter Dormanhttps://www.blogger.com/profile/00093399591393648071noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-8134771849985414652016-06-06T19:37:31.842-04:002016-06-06T19:37:31.842-04:00We can have an increase in jobs, but a decrease in...We can have an increase in jobs, but a decrease in gdp. As an instance, the world is now fed by just three food export regions: North America, South America and Australia. In all three (and in India and elsewhere), agriculture is essentially soil and water mining, and getting closer each year to depleting these resources. Climate change will bring on depletion faster. So we need to put many more hands back into agriculture - scale down farms, plant trees, inter-crop, drip-irrigate, more natural fertiliser and so on. More expensive food (lower gdp), more farmers.Peter Thttps://www.blogger.com/profile/13289172253358199028noreply@blogger.com