Reduced work hours and climate change
We posted on our Instagram page about the benefits working less could have on global warming.
In his book, Utopia for Realists, Rutger Bregman cites a study by David Rosnick, 'Reduced work hours as a means for slowing climate change' (Center for Economic and Policy Research) which was published in February 2013.
Here is the link to that report if you would like to read it.
"It is worth noting that the pursuit of reduced work hours as a policy alternative would be much more difficult in an economy where inequality is high and/or growing. In the United States, for
example, just under two-thirds of all income gains from 1973–2007 went to the top 1 percent of households. In this type of economy, the majority of workers would have to take an absolute reduction in their living standards in order to work less. The analysis in this paper assumes that the gains from productivity growth will be more broadly shared in the future, as they have been in the past."
"By itself, a combination of shorter workweeks and additional vacation which reduces average annual hours by just 0.5 percent per year would very likely mitigate one-quarter to one-half, if not more, of any warming which is not yet locked-in."
Jaxx and Leigh