Economics, policy, and vision for fighting global warming
Z magazine has published an extended article by me on the politics and economics of global warming. It begins:
Nobody, except for a small lunatic fringe, still disputes that human-caused climate chaos endangers all of us. Further, most serious scientific and technical groups who have looked at the question have concluded that we have the technological capability today to replace greenhouse-gas emitting fossil fuels with efficiency improvements and clean energy — usually at a maximum cost of around the current worldwide military budget, probably much less. The question therefore is: What’s stopping us?
To answer that we need to look at the causes of global warming — not the physical causes, but the economic and political flaws in our system that have prevented solutions from being implemented long after the problem was known.
One driver is inequality and the maintenance of power that keeps inequality in place produces perverse incentives in resource use.
Read the whole thing. (Note this will disappear behind a paywall eventually. I urge you to buy a copy of Zmag or subscribe to the electronic edition to support alternative media. But if you want to read it for free, grab your electronic copy now.)