Antinuclear

Brexit, Climate Change, and Inter-generational theft

The inter-generational theft of Brexit and climate change, Skeptical Science,  27 June 2016 by dana1981

In last week’s Brexit vote results, there was a tremendous divide between age groups. 73% of voters under the age of 25 voted to remain in the EU, while about 58% over the age of 45 voted to leave.

This generational gap is among the many parallels between Brexit and climate change. A 2014 poll found that 74% of Americans under the age of 30 support government policies to cut carbon pollution, as compared to just 58% of respondents over the age of 40, and 52% over the age of 65.

Inter-generational theft

The problem is of course that younger generations will have to live with the consequences of the decisions we make today for much longer than older generations. Older generations in developed countries prospered as a result of the burning of fossil fuels for seemingly cheap energy.

However, we’ve already reached the point where even contrarian economists agree, any further global warming we experience will be detrimental for the global economy. For poorer countries, we passed that point decades ago. A new paper examining climatecosts and fossil fuel industry profits for the years 2008–2012 found:

For all companies and all years, the economic cost to society of their CO2emissions was greater than their after‐tax profit, with the single exception of Exxon Mobil in 2008

For much of the time during which developed nations experienced strong economic growth as a result of fossil fuel consumption, we were unaware of the associated climatecosts. We can no longer use ignorance as an excuse. And yet the older generations, who experienced the greatest net benefit from carbon pollution, are now the least supportive of taking responsibility to pay for it. The longer we delay, the more devastating the consequences will be for the younger generations.

Similarly, today’s youth who are early in their career paths will face the harshest consequences of the Brexit vote that was dominated by older voters. As Jack Lennard put it:

This is a final middle-fingered salute to the young from the baby boomer generation. Not content with racking up insurmountable debt, not content with destroying any hopes of sustainable property prices or stable career paths, not content with enjoying the benefits of free education and generous pension schemes before burning down the ladder they climbed up, the baby boomers have given one last turd on the doorstep of the younger generation.

And as political journalist Nicholas Barrett said in a comment that subsequently went viral:

the younger generation has lost the right to live and work in 27 other countries. We will never know the full extent of the lost opportunities, friendships, marriages and experiences we will be denied. Freedom of movement was taken away by our parents, uncles, and grandparents in a parting blow to a generation that was already drowning in the debts of our predecessors.

Thirdly and perhaps most significantly, we now live in a post-factual democracy.

A dangerous strain of anti-intellectualism……http://www.skepticalscience.com/inter-generational-theft-brexit-climate-change.html

June 29, 2016 - Posted by Christina Macpherson | Uncategorized