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IPFS News Link • Economy - International

Economic Destruction Is A Preview Of The Green New Deal Economy

• https://www.technocracy.news, BY: DAVID HARSANYI

"We're doing it. It's possible!" he adds.

It's nice to see an environmentalist finally acknowledging the inherent economic tradeoff of their vision. Holthaus is absolutely correct that implementing a plan like the Green New Deal would hold approximately the same gruesome economic consequences as the coronavirus crisis — except, of course, forever. The point of modern environmentalism, as Greta Thunberg has hinted, is the destruction of wealth. This process is what Holthaus, and others, euphemistically call "degrowth."

Holthaus, who doesn't celebrate coronavirus, reminds us that merely to keep pace with the IPCC recommendations on carbon emissions, Americans would be compelled to shut down virtually the entire economy. They would need to restrict air travel, place most Americans under virtual house arrest (or raze all the suburbs), halt international and interstate trade, destroy millions of jobs, shut down large swaths of manufacturing, and stop people from using their cars — or buying gas.


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