Re: [Pen-l] Waxman Markey

[Jim Devine <jdevine03@xxxxxxxxx>]

thanks. That makes sense.

On Mon, May 11, 2009 at 8:51 AM, ehrbar <ehrbar@xxxxxxxxxxxxxxxxxxx> wrote:
>
> Jim wrote:
>
>> As usual, we have to be clear what _kind_ of "economic growth" is bad.
>
> Here is a quote from p. 46 of the UK Prosperity without Growth report
> http://www.sd-commission.org.uk/publications.php?id=914
> (URL forwarded to the pen-l on April 15 by Sandwichman):
>
>> Put in its simplest form the 'dilemma of growth' can now be stated in
>> terms of two propositions:
>>
>> o Growth is unsustainable -- at least in its current form.  Burgeoning
>>   resource consumption and rising environmental costs are compounding
>>   profound disparities in social wellbeing
>>
>> o 'De-growth' is unstable -- at least under present conditions.
>>   Declining consumer demand leads to rising unemployment, falling
>>   competitiveness and a spiral of recession.
>>
>> This dilemma looks at first like an impossibility theorem for a
>> lasting prosperity. But it cannot be avoided and has to be taken
>> seriously. The failure to do so is the single biggest threat to
>> sustainability that we face.
>
> It would be interesting to see what lessons, if any, can be drawn
> from this report for the formulation of Waxman-Markey.
>
> I will respond to Carrol in a separate email.
>
> Hans.
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-- 
Jim Devine / "If heart-aches were commercials, we'd all be on TV." -- John Prine
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