Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Posts Tagged ‘Climate Change’

Greta Thunberg accuses rich countries of “creative carbon accounting”

Posted by hkarner - 18. Oktober 2019

Date: 17-10-2019
Source: The Economist

When it comes to measuring national emissions, she has a point

IT IS 5AM, and New Covent Garden Market is in full swing. On its swarming 57-acre site in Battersea wholesalers are flogging fruit, vegetables and flowers to London’s greengrocers and restaurateurs. Costa Rican pineapples are stacked next to Kenyan passion fruits and Peruvian asparagus. Rows of Danish conifers sit by buckets of Dutch roses. Fresh produce shipped from all around the world is for sale.

But what is a boon to chefs—and apologetic spouses—has become a mind-bending problem for politicians and regulators. Under mounting public pressure they are busy setting targets to limit their carbon emissions. At least 60 countries and over 100 cities have promised to get to “net zero”. The trouble is that few account fully for the emissions created by products that are consumed within their borders but produced outside them.

Take, for example, a bunch of those Dutch roses. Britain’s “net-zero” target for its carbon impact includes only domestic emissions—the lorry trip carrying them on British soil, and so on. These carbon emissions are trivial in comparison to the 30kg or so from heating greenhouses in the Netherlands and flying the roses to Britain. Through a production lens, Britain looks relatively virtuous. Through a consumption lens, it does not. Den Rest des Beitrags lesen »

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How do we feed the world without destroying the planet?

Posted by hkarner - 17. Oktober 2019

Date: 16-10-2019
Source: The Guardian by Bob Geldof

An international summit next year will tackle the world’s most enduring crisis – hunger. Radical action is needed

Hunger is the most awful and profound expression of poverty. It exists in every country. It is something that most people can identify with on some perhaps primordial level. It is innate. The fear of hunger is etched into our DNA, passed down the generations from hungry, scared ancestors. It is in our bones. It is in my Irish bones.

First, the good news. For several decades global hunger has been decreasing. This is mostly thanks to the sweat and ingenuity of the 500 million smallholders who produce 80% of the food consumed in the developing world. It is also thanks to the work of exceptional NGOs, to economic growth and to the innovation of businesses all along the supply chain. It’s thanks, too, to the support of governments and international organisations. And it’s to increased political stability in some places.

But there is very bad news. More recently hunger has started to increase. Again. On World Food Day on Wednesday, 820 million people face chronic hunger. That’s the equivalent of the population of the US and the EU combined. This is daily, frightening, fatiguing, persistent hunger. Day after day, 820 million people will not get enough to eat. Night after night famished adults, mothers, fathers put their children to bed with empty stomachs. Den Rest des Beitrags lesen »

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Fiscal Policies to Curb Climate Change

Posted by hkarner - 11. Oktober 2019

By Vitor Gaspar, Paolo Mauro, Ian Parry, and Catherine Pattillo

Global warming has become a clear and present threat. Actions and commitments to date have fallen short. The longer we wait, the greater the loss of life and damage to the world economy. Finance ministers must play a central role to champion and implement fiscal policies to curb climate change. To do so, they should reshape the tax system and fiscal policies to discourage carbon emissions from coal and other polluting fossil fuels.

The Fiscal Monitor helps policymakers choose what to do and how to do it, right now, globally and at home.

A better future is possible. Governments will need to increase the price of carbon emissions to give people and firms incentives to reduce energy use and shift to clean energy sources. Carbon taxes are the most powerful and efficient tools, but only if they are implemented in a fair and growth-friendly way. Den Rest des Beitrags lesen »

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The Path to Climate Safety

Posted by hkarner - 10. Oktober 2019

Jeffrey D. Sachs, Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, is Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network. His books include The End of Poverty, Common Wealth, The Age of Sustainable Development, Building the New American Economy, and most recently, A New Foreign Policy: Beyond American Exceptionalism.

The global toll from weather-related disasters in 2018 was more than $200 billion, and annual losses in the United States alone averaged around $100 billion during 2014-18. And the latest climate science tells us that there is much worse to come unless we abide by the 1.5ºC limit.

NEW YORK – The global climate agenda has been greatly clarified in recent years. We now know that Earth’s average temperature is on a path to increase by around 3º Celsius, relative to preindustrial levels, by 2100, which is twice the 1.5ºC limit targeted by the 2015 Paris climate agreement. We know that weather-related damage is rapidly mounting. We know that to stay below the 1.5ºC threshold, we need to reach zero net greenhouse-gas emissions by 2050, with net negative emissions thereafter. And we know that reaching net-zero emissions by 2050 is feasible and affordable. All we lack is action. 

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Wanted: A Global Green New Deal

Posted by hkarner - 10. Oktober 2019

Joseph E. Stiglitz, University Professor at Columbia University, is the co-winner of the 2001 Nobel Memorial Prize, former chairman of the President’s Council of Economic Advisers, and former Chief Economist of the World Bank. His most recent book is People, Power, and Profits: Progressive Capitalism for an Age of Discontent.

To live within our planetary means, we will have to change many aspects of how we live – how we organize our economies, our cities, and our transportation, energy, housing, and food systems. The good news is that most of the world now recognizes this; the bad news is that its largest polluter does not.

NEW YORK – Nearly a quarter-century ago, I was a lead author on “Climate Change 1995 – A Report by the Intergovernmental Panel on Climate Change.” In that report, we made one big mistake: we should have sounded the alarm louder. But we lacked the overwhelming evidence that we have today concerning the pace and consequences of climate change, so we didn’t fully anticipate the extreme weather events that have had such devastating effects on our planet and on our lives and property. 

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Mobilizing for a Climate Moonshot

Posted by hkarner - 10. Oktober 2019

Mariana Mazzucato is Professor of Economics of Innovation and Public Value and Director of the UCL Institute for Innovation and Public Purpose (IIPP). She is the author of The Value of Everything: Making and Taking in the Global Economy, which was shortlisted for the Financial Times-McKinsey Business Book of the Year Award.

Governments can accomplish remarkable things when they have not been hollowed out in the name of misguided „free-market“ ideology. Now that humankind is confronting the existential challenge of climate change, our survival depends on reclaiming the public spirit of the Apollo program – and the hope it inspired.

LONDON – The of the first Moon landing in July reinforced an important lesson: one of humankind’s greatest feats occurred when imagination, common purpose, and a systemic approach to problem solving won out over siloed thinking and anxiety about where the money would come from. As US President John F. Kennedy made clear in 1961, going to the moon would cost money and entail risks, but it would be well worth it. 

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Bad ancestors: does the climate crisis violate the rights of those yet to be born?

Posted by hkarner - 7. Oktober 2019

Date: 05-10-2019
Source: the Guardian by Astra Taylor

Fossil fuel pollutants billow out into the atmosphere.

Our environmental vandalism has made urgent the question of ethical responsibilities across decades and centuries

What if climate breakdown is a violation of the rights of those yet to be born? Finally, this urgent question seems to be getting the attention it deserves. Last month an astonishing 7 million people from nearly 200 countries took to the streets as part of the youth-led global climate strike. Young people around the world recognise that the disastrous repercussions of the already present ecological crisis will fall disproportionately on their shoulders, and the shoulders of generations to come – in particular on those whose communities have emitted the smallest proportion of greenhouse gasses.

Greta Thunberg, whose “school strike for the climate” ignited a movement, often speaks on behalf of those who don’t yet exist. Addressing the UN climate action summit in Manhattan on 23 September she denounced the assembled adults for pursuing money over morality and embracing “fairytales of eternal economic growth” instead of facing the facts of hard science. “Young people are starting to understand your betrayal,” she said. “The eyes of all future generations are upon you. And if you choose to fail us, I say: we will never forgive you.” Den Rest des Beitrags lesen »

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The Uninhabitable Earth by David Wallace-Wells review – our terrifying future

Posted by hkarner - 30. September 2019

Date: 29-09-2019
Source: The Guardian by Mark O’Connell

Enough to induce a panic attack … a brutal portrait of climate change and our future lives on Earth. But we have the tools to avoid it

You already know it’s bad. You already know the weather has gone weird, the ice caps are melting, the insects are disappearing from the Earth. You already know that your children, and your children’s children, if they are reckless or brave enough to reproduce, face a vista of rising seas, vanishing coastal cities, storms, wildfires, biblical floods. As someone who reads the news and is sensitive to the general mood of the times, you have a general sense of what we’re looking at. But do you truly understand the scale of the tribulations we face? David Wallace-Wells, author of the distressingly titled The Uninhabitable Earth, is here to tell you that you do not. “It is,” as he puts it in the book’s first line, “worse, much worse, than you think.”

The book expands on a viral article, also titled The Uninhabitable Earth, which Wallace-Wells published in New York in the summer of 2017, and which frightened the life out of everyone who read it. Writing at length, he is even more remorseless in his delineation of what the not nearly distant enough future probably holds for us. The book’s longest section, entitled Elements of Chaos, is composed of 12 short and brutal chapters, each of which foretells a specific dimension of our forecast doom, and whose titles alone – Heat Death; Dying Oceans; Unbreathable Air; Plagues of Warming – are enough to induce an honest-to-God panic attack. Den Rest des Beitrags lesen »

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Why we must cut out meat and dairy before dinner to save the planet

Posted by hkarner - 30. September 2019

Date: 29-09-2019
Source: The Guardian by Jonathan Safran Foer

Animal products create more greenhouse gas emissions than the entire transportation sector, but we don’t want to confront this inconvenient truth: our eating habits are a problem

Our planet is facing a crisis. But even when we know that a war for our survival is raging, we don’t feel that it is our war. Although many of climate change’s accompanying calamities – extreme weather events, floods and wildfires, displacement and resource scarcity chief among them – are vivid, personal and suggestive of a worsening situation, they don’t feel that way in aggregate. The distance between awareness and feeling can make it very difficult for even thoughtful and politically engaged people – people who want to act – to act.

So-called climate change deniers reject the conclusion that 97% of climate scientists have reached: the planet is warming because of human activities. But what about those of us who say we accept the reality of human-caused climate change? We may not think the scientists are lying, but are we able truly to believe what they tell us? Such a belief would surely awaken us to the urgent ethical imperative attached to it, shake our collective conscience and render us willing to make small sacrifices in the present to avoid cataclysmic ones in the future. Den Rest des Beitrags lesen »

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Humanity will find ways to adapt to climate change

Posted by hkarner - 21. September 2019

Date: 19-09-2019
Source: The Economist: Free exchange

Climate issue: That is no reason to give up on stopping it

After destructive storms like Hurricane Dorian, those affected have decisions to make. Should they invest in cellar pumps and better drainage? Should they rebuild with more robust design and materials? Should they move? These judgments are informed by a harsh reality: the weather will get worse. Seas will be higher, rain more diluvial and storms fiercer. People with means will naturally adjust—as they should. Adaptation is essential to reduce the human and economic costs of climate change. But spending on adaptation may further complicate already-confounding politics.

Efforts to slow global warming must overcome devilish political obstacles. The benefits to reduced warming accrue over decades and centuries, whereas the cost of cutting emissions must be paid upfront by taxpayers who cannot expect to see much return in their lifetimes. And mitigation (as efforts to curb emissions are called) is subject to a vicious collective-action problem. Climate harms are determined much more by what everyone else does than by what you do. Each actor has an incentive to free-ride on the sacrifices of others. Cutting emissions requires every large country saddling voters with expense and inconvenience that will mostly help people elsewhere, or not yet born. Den Rest des Beitrags lesen »

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