Climate Equity: What Is It? While action against climate change languishes, the rhetoric keeps getting more intense. For several years now it hasn’t been enough to demand climate policy; we need climate justice. We will not only eliminate fossil fuels in a decade or three, we will solve the problems of poverty and discrimination, and all in a single political package. It sounds good, but what does it mean? You might look for an answer in new...
Read More »Bringing science into economics must necessarily entail measurements in the scientific units. Ikonoclast
...Bringing science into economics must necessarily entail measurements in the scientific units above (plus the utilization of taxonomic schemes for biota). Thus if we assess by scientific studies and measurements that we are causing the 6th mass extinction and forcing dangerous climate change by releasing CO2 from our fossil fuels, then we have assessed that we should stop using fossil fuels. How we stop is the next matter for consideration and then we must examine energy transitions,...
Read More »Pledging Zero Carbon Emissions by 2030 or 2050: Does it Matter?
Pledging Zero Carbon Emissions by 2030 or 2050: Does it Matter? We now have two responses to the climate emergency battling it out among House Democrats, the “aggressive” 2030 target for net zero emissions folded into the Green New Deal and a more “moderate” 2050 target for the same, just announced by a group of mainstream legislators. How significant is this difference? Does where you stand on climate policy depend on whether your policy has a 2030...
Read More »Climate Chaos?
Dan here. You will be reading more of him soon…David Zetland has contributed here on water issues via Aguanomics. He now publishes his blog The one-handed economist. He is a native Californian who moved to Amsterdam several years ago. David is an assistant professor of political economy at Leiden University College, a liberal arts school located in The Hague. He teaches courses in social and business entrepreneurship, cooperation in the commons, and...
Read More »New Study Predicts Millions of Americans May Become Exposed to “Off the Charts” Heat — Dimitri Lascaris interviews Michael Mann
I use a simple rule. If you want to have an idea of what we will be facing by the middle of this century absent concerted action on climate change, then what we think of today, what we perceive, what we describe as record heat or a record heat wave— in a few decades, we will simply call that summer. The typical summer day will be like the most extreme day that we have seen in our lifetimes at this point. And what unusual heat, record heat, will look like at that point, we don’t even have...
Read More »Climate change economics
Via Evonomics, Steve Keen critiques Norhaus’s model for predicting economic damage per degree of average temperature rise….nerdy, and includes graphs and math, but worth a look. By Steve Keen This piece is part of a series from Steve Keen, Climate Change and the Nobel Prize in Economics: The Age of Rebellion. In the previous post, Keen noted the contrast between the urgency that Extinction Rebellion sees about limiting global warming to no more than 1.5...
Read More »Bill Mitchell — ‘Sound finance’ prevents available climate solution with massive jobs potential
When the governments in the advanced nations abandoned full employment as an overarching macroeconomic objective, and instead, starting pursuing what I have called full employability, they stopped seeing unemployment as a policy target (to be minimised) and began using it as a policy tool to suppress inflation. As mass unemployment rose, the politics were massaged by the mainstream of my profession who claimed that the level of unemployment that constituted full employment had risen (this...
Read More »Open thread June 3, 2019
Electrification and Climate I: Scale of the Challenge
Many elements have to come together if Canada is to significantly reduce its greenhouse gas (“GHG”) emissions. There is now a technical consensus that “electrification” – the replacement of fossil fuels with electricity as an energy source – is a necessary condition for decarbonization, and that electrification will require that zero/low-emission electricity generation double or triple by 2050. In this first of a series of electricity-oriented climate-related posts, I summarize the...
Read More »Electrification and Climate I: Scale of the Challenge
Many elements have to come together if Canada is to significantly reduce its greenhouse gas (“GHG”) emissions. There is now a technical consensus that “electrification” – the replacement of fossil fuels with electricity as an energy source – is a necessary condition for decarbonization, and that electrification will require that zero/low-emission electricity generation double or triple by 2050. In this first of a series of electricity-oriented climate-related posts, I summarize the...
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