3min chapter

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#148 – Johannes Ackva on unfashionable climate interventions that work, and fashionable ones that don't

80,000 Hours Podcast

CHAPTER

The Relationship Between Early Investment and Cost Reduction

If you're going to actually try to deploy something then you get bigger cost decreases if you do it early on. buying a Tesla in 2004 was much more useful in terms of making electric cars feasible than buying a Tesla now. i think this teaches us something really important about evaluating climate action overall which is that the global long-run consequences and the short-term local consequences are not correlated or even negatively correlated so  if germany would have wanted to reduce emissions cost effectively in the early two thousands like we would have bought russian gas this would have been really cost effective, he says.

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