Browsing articles tagged with " climate change"
Jun 17, 2015
boyce

Neil Young: Who’s Gonna Stand Up?

Neil Young asks, “Who’s Gonna Stand Up and Save the Earth?”

Source: www.youtube.com/watch?v=NkiRR3T_3NY

Apr 19, 2015
boyce

Innovation for the future economy: solar roadways

A century ago, cities were “drowning in horse manure.” Today we are drowning in fossil fuel emissions. It’s time for the transportation revolution of the 21st century. Maybe this will be part of it:

 

Source: http://paksc.org/video/documentaries/246-solar-roadways-the-prototype

Apr 19, 2015
boyce

Divestment pressure mounts

This week’s student protests put the heat on Harvard:

“Throughout Harvard heat week, Harvard’s top decision-makers have been hiding from both their students and from the issue of climate justice,” protesters wrote in a statement on Wednesday. “They must face the broad, diverse, and growing coalition behind divestment from fossil fuels.”

Read more coverage here and here. And check out the Divest Harvard facebook page here.

Mar 31, 2015
boyce

Stranded asset denial

John Ashton, formerly Britain’s top climate diplomat, writes in an open letter to the president of Shell Oil:

You deny your assets will be stranded. True, first tier assets are cheap, and those that are heavily invested in tend to bear fruit quickly. But your case also assumes failure on 2C and rates of renewables deployment long surpassed by reality.

The Bank of England is watching the carbon bubble. Bloomberg screens include a carbon risk valuation tool. The divestment movement may still be small but it is rallying young people, has moral authority, and can now make a prudential case as well as an environmental one.

Writing on the wall. Story of the world.

You could accept squarely that the days of yesterday’s business model are numbered, that the challenge now is to manage its decline and build alongside it a new business fit for today.

Read his letter here. Read the story here.

Mar 11, 2015
boyce

Stranded fossil assets

Bill McKibben writing in The Guardian on the coming shift in the world energy economy:

What in 2013 was the rallying cry of a few student campaigners has by 2015 become the conventional wisdom: there’s a “carbon bubble,” composed of the trillions of dollars of coal and oil and gas that simply must be left underground. Here’s the president of World Bank speaking in Davos: “Use smart due diligence. Rethink what fiduciary responsibility means in this changing world. It’s simple self-interest. Every company, investor and bank that screens new and existing investments for climate risk is simply being pragmatic….”

Mark Carney, governor of the Bank of England, did his best to explain the unwelcome news to the industry at a conference last October: the “vast majority” of the planet’s carbon reserves “are unburnable,” he said. When Shell’s chief executive hit back last month, calling a rapid transition off fossil fuel “simply naïve,” it was Tory veteran and chair of parliament’s energy committee Tim Yeo who told him off: “I do believe the problem of stranded assets is a real one now. Investors are starting to think by 2030 the world will be in such a panic about climate change that either by law or by price it will be very hard to burn fossil fuels on anything like the scale we are doing at the moment.”

Read his analysis here.

Mar 7, 2015
boyce

Banned in China: know your air

The powerful film (with English subtitles) on pollution – initially hailed, then banned, by Chinese officialdom:

Source: https://www.youtube.com/watch?v=T6X2uwlQGQM

From New York Times story on the ban:

On Friday evening [the day the film was banned], Xinhua, the state news agency, posted on Twitter, which is also blocked here, that “President Xi Jinping vows to punish, with an iron hand, any violators who destroy ecology or environment, with no exceptions.” That night, the United States Embassy air monitor in Beijing rated the air “hazardous.”

Read more here.

POSTSCRIPT: Chinese officials are not the alone in trying to suppress bad news on the environment. Check out the latest from Florida, here.

Mar 5, 2015
boyce

Guaranteed income from common wealth

Peter Barnes writes in Yes! magazine:

THERE’S LONG been a notion that, because money is a prerequisite for survival and security, everyone should be assured some income just for being alive.  The notion has been advanced by liberals such as James Tobin, John Kenneth Galbraith, and George McGovern, and by conser­vatives like Friedrich Hayek, Milton Friedman, and Richard Nixon.  It’s embedded in the board game Monopoly, in which all players get equal payments when they pass Go.  And yet, with one exception, Americans have been unable to agree on any plan that guarantees some income to everyone.  The reasons lie mostly in the stories that surround such income.  Is it welfare?  Is it redistribution?  Does it require higher taxes and bigger government?  Americans think dimly of all these things.

But then, there’s the exception.

Read all about it here.

Dec 27, 2014
econ4org
Comments Off on Staying awake during the climate revolution

Staying awake during the climate revolution

Rebecca Solnit writes in the Guardian:

Dismantling the fossil-fuel economy would undoubtedly have the side effect of breaking some of the warping power that oil has had in global and national politics. Of course, those wielding that power will not yield it without a ferocious battle – the very battle the climate movement is already engaged in on many fronts…

Read more here.

Dec 27, 2014
econ4org
Comments Off on Facing climate adaptation

Facing climate adaptation

Econ4’s James Boyce writes in the Los Angeles Times:

In the years ahead, climate change will confront the world with hard choices: whether to protect as many dollars as possible, or to protect as many people as we can.

 

Read more here.

Aug 8, 2014
econ4org
Comments Off on The carbon dividend

The carbon dividend

Econ4’s James Boyce writes on newly introduced climate legislation:

A major obstacle to climate policy in the United States has been the perception that the government is telling us how to live today in the name of those who will live tomorrow. Present-day pain for future gain is never an easy sell. And many Americans have a deep aversion to anything that smells like bigger government.

What if we could find a way to put more money in the pockets of families and less carbon in the atmosphere without expanding government? If the combination sounds too good to be true, read on.

Read his oped piece in the New York Times here. Read more about the new bill here.

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