EARLIER THIS MONTH, a draft White House report was leaked to news outlets. The report, a year overdue to the United Nations, said that the United States would be producing almost 20% more greenhouse gases in 2020 than it had in 2000 and that our contribution to global warming would be going steadily up, not sharply and steadily down, as scientists have made clear it must.
That's a pretty stunning piece of information -- a hundred times more important than, say, the jittery Dow Jones industrial average that garnered a hundred times the attention. How is it even possible? How, faced with the largest crisis humans have yet created for themselves, have we simply continued with business as usual?
The answer is, in a sense, all in our minds. For the last century, our society's basic drive has been toward more -- toward a bigger national economy, toward more stuff for each of us. And it's worked. Our economy is enormous; our houses are enormous. We are (many of us quite literally) living large. All that \o7more\f7 is created using cheap energy and hence built on carbon dioxide -- which makes up 72% of all greenhouse gases.
Some pollutants, such as smog, decrease as we get richer and can afford things like catalytic converters for our cars. But carbon dioxide consistently tracks economic growth. As Harvard economist Benjamin Friedman concluded last year, CO2 is "the one major environmental contaminant for which no study has ever found any indication of improvement as living standards rise." Which means that if we're going to cope with global warming, we may also have to cope with the end of infinite, unrestrained economic expansion.
That sounds gloomy, but maybe not. New data suggest that we've been flying blind for many decades. We made an assumption -- as a society and as individuals -- that more was better. It seemed a reasonable bet, and for a while it may have been true. But in recent years economists, sociologists and other researchers have begun to question that link. Indeed, they're finding that at least since the 1950s, more material prosperity has yielded little, if any, increase in humans' satisfaction.
In the 1990s, for instance, despite sterling economic growth, researchers reported a steady rise in "negative life events." In the words of one of the study's authors, "The anticipation would have been that problems would have been down." But money, as a few wise people have pointed out over the years, doesn't buy happiness. Meanwhile, growth during the decade increased carbon emissions by about 10%.