<
https://theconversation.com/the-coalition-wants-to-dump-our-2030-emissions-target-yet-somehow-hit-2050s-behavioural-economics-has-a-name-for-that-232141>
"If you are anything like me, the nearer you get to a deadline, the more
desperately you want to postpone it, no matter how much harder that makes
things down the track.
It’s what the Coalition wants Australia to do about its 2030 emissions
reduction target – the one signed into law in 2022 and registered with the
United Nations Framework Convention on Climate Change.
The Coalition says it remains “fully committed” to the more challenging target
of net zero by 2050, but it wants to postpone some of the work needed to
achieve it until later, nearer 2050.
It’s a human impulse that until the 1980s had economists baffled. That’s when
they came up with a new name for it: “hyperbolic discounting”."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
