The economic costs of CleanBC - with BCBC chief economist Ken Peacock

Business Council of British Columbia senior vice-president and chief economist Ken Peacock walks BIV editor-in-chief Hayley Woodin Hastings through BCBC analysis of CleanBC - the province's plan to lower greenhouse gas emissions by 2030.
Read BCBC's columns on this topic:
biv.com/articl...
biv.com/articl...
Read Dr. Nancy Olewiler's response to BCBC's first column:
biv.com/articl...

[@JazzyT18]

[25:00] I wonder whether growth is slowing down on average everywhere. Given the limits of growth (as defined) vs constrained eco Inc realities in the world Today.

[@JazzyT18]

Economic*

[@JazzyT18]

Hmm. Well-being is not equal to GDP per capita. And 2013 was a better housing situation, just as one example.

[@JazzyT18]

Hmmm. [21:00] I wonder about the future economic sectors induced by energy transition policies that are not captured, identified, GDP tallied in this.
As for “bad for prosperity”. I suppose it’s spends how you measure prosperity.
(Incidentally: I expect the lift in GDP due to tackling floods and fires is not projected in the models. Not that those are good things, but they will likely increase GDP. Another reason why GDP is such a lackluster metric. But it’s what we got, so… yeahhhhh)

[@JazzyT18]

“Depends”

[@JazzyT18]

Sorry. Annoying Monday night musings being taken (lovingly) at BIV and Ken P.
From Wikipedia:
Economic notions of prosperity often compete or interact negatively with health, happiness, or spiritual notions of prosperity.