“A well-known dictum of macroeconomics is Say’s Law: that supply creates demand.”
I independently discovered this, I didn’t know it was called Say’s Law.
Before I created the Pet Foil Hat Technology, no one bought foil hats for pets. My supply, created the demand.
The same can be said for plenty of things in dollar stores, and even Value Village shelves at Halloween.
Human drivers are judged extremely likely to have been the dominant cause of global warming since the mid-20th century.
The horizon for monetary policy extends out to 2-3 years. For financial stability it is a bit longer, but typically only to the outer boundaries of the credit cycle – about a decade.
In other words, once climate change becomes a defining issue for financial stability, it may already be too late.
This paradox is deeper, as Lord Stern and others have amply demonstrated. As risks are a function of cumulative emissions, earlier action will mean less costly adjustment.
The desirability of restricting climate change to 2 degrees above pre-industrial levels leads to the notion of a carbon ‘budget’, an assessment of the amount of emissions the world can ‘afford’.
Such a budget – like the one produced by the IPCC – highlights the consequences of inaction today for the scale of reaction required tomorrow.
Some of you are aware that I am fairly active on Twitter, which is my social media of choice. (@CBCGardener, if you’re looking for me there.) I made a commitment that I wasn’t going to post anything about the election and that I was going to try and remain neutral about it. Well, I failed pretty spectacularly at that. I love the Green Party and I think Elizabeth May is sensible and smart and hard working and brilliant. I think the Conservative Party is slimy and deceitful and has been utterly horrible for our country. I also like the NDP, I like Rachel Notley very much, and I really, really like the NDP candidate for my area. I have posted much regarding this on Twitter. Yesterday some conservative guy sent me a rude tweet regarding my pro-green party approach and of course I immediately blocked him. (*Blocking trolls on the…
This particular Con candidate is running in Wascana, against Goodale, among others. I once saw a sandwich board say he was door-knocking in Parkridge, and another time his campaign flyer came to the door. That’s the extent of interaction I’ve had with this man who passionately wants to end a woman’s right to choose a pregnancy or not.
In contrast, I’ve sat next to Ralph Goodale last week at a candidate’s forum, and interviewed Frances Simonson of the Greens for my blog.
forcing someone to pay for a bus pass they will not use is ludicrous. she would force everyone to pay for a parking spot that only some will use…
blue cheese responds:
getting taxed for schools when we have no children,
paying more on our power bills to provide cenovus with liquid co2
getting taxed for city recycling whether we want to or not
paying for the football stadium whether we use it or not
paying for healthcare whether sick or not
in canada we look out for everyone, if you don’t like canada, vote for a conservative. you will pay for all your services out of your own pocket and still pay taxes.