Greta Thunberg: Carbon Budget Left
on Tuesday, September 24, 2019Greta Thunberg Money Quote saying it must be just as important to understand carbon budget when decision making on spending. Greta Thunberg said:
“We should no longer only ask: “Have we got enough money to go through with this?” but also: “Have we got enough of the carbon budget to spare to go through with this?” That should and must become the centre of our new currency” — Greta Thunberg
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In this quote, Greta Thunberg is advocating for a major shift in how economic and financial decisions are made. She argues that rather than primarily considering whether there is enough money or financial resources for a project or activity, decision-makers should also ask whether there is enough remaining carbon budget to spare for it in light of the climate crisis.
By “carbon budget,” she is referring to the limited remaining greenhouse gas emissions that can be released while still keeping global warming within safer limits. Thunberg wants carbon impact and sustainability to become the new central criteria of our economic “currency” or framework, rather than just monetary costs and benefits.
She believes this perspective needs to take precedence over traditional financial concerns in order to adequately address the climate emergency.