Economics and the climate crisis

GDP does not care about the environment or emissions or water quality

Sir, – Naomi O’Leary grasps the nettle of the conundrum of economic growth as universally measured by gross domestic product (GDP while trying to curb greenhouse gas emissions (“Ireland can’t claim tax of multinationals while disowning their emissions”, World, Analysis, May 18th).

Paolo Gentiloni of the European Commission acknowledged that GDP as a measure is deeply institutionally embedded: “...when we look to the IMF, OECD, European Union forecasting and outlook, most of the attention is on the internationally recognised indicators that we presented this morning”.

GDP does not care about the environment or emissions or water quality. All it wants is for the number to increase year on year to keep our world economy afloat. The president of the European Commission, Ursula von der Leyen, seems to understand the problem, saying: “A growth model centred on fossil fuels is simply obsolete” and “that economic growth is not an end in itself”.

With Ireland leading the way among the 27 countries of the European Union with a 12.3 percentage increase in greenhouse gas emissions compared with the same period in the previous year, are we not in this country destroying the very foundations of what sustains life on our planet with such questionable economic activity? – Yours, etc,

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TOM McELLIGOTT,

Listowel,

Co Kerry.