The Urgent Case for Shrinking the Economy ...Middle East

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The Urgent Case for Shrinking the Economy
In July 1979, shortly after installing a set of solar panels over the West Wing, Jimmy Carter did something peculiar for a peacetime president. He asked Americans to sacrifice: to consume less, take public transit more, value community over material things, and buy bonds to fund domestic energy development, including solar. From our vantage, this may sound very farsighted and bold. But any prescient, planet-saving leadership seen shimmering through hindsight is a mirage. The speech and the panels advanced a program with the narrow goal of energy independence, not decarbonization. Carter wanted to expand and secure the nation’s economic wheel beyond OPEC’s reach, not question it, shrink it, s

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