Quote:
Originally Posted by CliffFletcher
Global warming it ultimately about consumption. If you make things more expensive, people consume less. Make flying more expensive and fewer people fly. Make oranges from California more expensive and there's less demand to truck those oranges 2,500 km to Calgary. Make TVs more expensive and maybe people hang onto the one they have for 8 years instead of 6 and fewer of them are manufactured and shipped halfway around the world.
The question is whether people are going to be willing to sustain a hit to their standard of living, or if they'll satisfy their sense of righteous concern with protesting pipelines and coal-fired electricity plants in China.
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I think maybe is the key word. Maybe low income earners will spend less but do you think it would really deter the super rich? Doesn't seem like they really care about how much money they spend and they are the ones with private jets flying around the world. Not the family of 4 who has to scrounge enough cash to take 1 vacation a year. The family now might not even be able to afford the 1 vacation anymore.