Sentences with phrase «voluntary economic contraction»

He also argues that the time has come to consider «shared sacrifice» in the world's wealthiest nations: a course of voluntary economic contraction in developed economies (thus reducing fossil energy consumption), while allowing developing nations time to shift from dirty to clean energy.

Any real - world scenario that resembles Roberts» proposal for «voluntary economic contraction» in the developed world is likely to have far more modest outcomes and will certainly lack the perfectly equal distribution of global wealth in this example.

So is voluntary economic contraction a key lever for climate mitigation?

And second, the math just doesn't add up; even in the most ideal circumstances, voluntary economic contraction in the developed world can't drive global carbon emissions towards zero.

Public tolerance for voluntary economic contraction in the name of climate mitigation will be extremely limited at best.

We will not bend global carbon emissions rapidly downward through even the most humane vision of voluntary economic contraction and global wealth redistribution.

In other words, a climate strategy that hinges on significant, voluntary economic contraction is going to be a steep uphill battle that at best results in marginal results and at worst will expend significant political capital on a proposition that will almost certainly lose.