All hail poverty!
The study demonstrates that global economic growth of 4% per year, which is currently assumed in the mitigation scenarios, is incompatible with the goals of the Paris Agreement even if the most ambitious mitigation plans of any major country were implemented globally.
“To reduce global emissions fast enough to limit warming to 1.5°C, we find it is necessary to pursue ambitious mitigation and shift away from growth. Even with highly ambitious mitigation, global economic growth would need to fall below the recent historical trend of ⁓2% per year, with high-income economies transitioning to post-growth,” says Aljoša Slameršak, ICTA-UAB researcher and lead author of the study.
Low economic growth can help keep climate change within the 1.5°C threshold, says study (msn.com)
This will certainly go over well with people with aspirations to do better in life. It also means we will have fewer resources to address the supposed calamity they insist we address.
The only solution, obviously, is global communism, managed by a technocratic elite, who determine precisely what amount of income you require. We must end democracy and capitalism – it is the only way to save the planet. /satire.
