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    post carbon institute

    Gravel pathway.

    A Make-or-Break Moment in Humanity's Perilous Journey

    The polycrisis marks a historic inflection point in the story of civilization. Once we’re past a rapidly approaching moment, society won’t be able to maintain business as usual, even with significant reforms. The only real solution will be for humanity to inhabit the planet differently.

    Richard Heinberg
    May 14, 2024

    I’ve been watching global trends for a few decades, and have never before seen so many warning lights flash at once. That’s just one reason I’ve concluded that, as of 2024, humanity is at a make-or-break crossroads in its economic, social, and environmental history.

    Let’s take a quick look at those warning lights, and see if we can grasp why so many risks are converging at once.

    Keep ReadingShow Less
    Opinion
    climate emergency
    Pandemic Response Requires Post-Growth Economic Thinking

    Pandemic Response Requires Post-Growth Economic Thinking

    The end of growth is painful. We had a foretaste of it in 2008, but the current crisis promises to be much worse.

    Richard Heinberg
    Apr 09, 2020

    Amid a horrific human tragedy of sickness and death, much of it taking place in hospitals staffed by brave but overworked and under-equipped doctors and nurses, we are all learning once again what it feels like when economic growth comes to a shuddering stop and the economy goes into reverse--shrinking and consuming itself. Millions have been thrown out of work, untold numbers of businesses shuttered. The St. Louis Federal Reserve estimates that Q2 unemployment could clock in as high as 32.1 percent (for comparison, unemployment at the depths of the Great Depression was 25 percent, and during the Great Recession of 2008-2010 it peaked at 10 percent). Though radical measures must now be adopted to slow the spread of the coronavirus, those measures are having toxic side effects on the economy.

    Yet, economic growth was bound to end at some point, with or without the virus. A few moments of critical thought confirm that the exponential expansion of the economy--whose physical processes inevitably entail extracting natural resources and dumping polluting wastes--is destined to reach limits, given the obvious and verifiable fact that we live on a finite planet.

    Keep ReadingShow Less
    Opinion
    Could a Green New Deal Save Civilization?

    Could a Green New Deal Save Civilization?

    To fully and systematically address the climate/energy crisis, the plan will have to be far broader in scope than what is currently being proposed. And while we need to mobilize society as a whole with a World War II-level of effort, the reality is that there's never been a challenge like this before

    Richard Heinberg
    Jan 16, 2019

    The idea is infectious. Could a big government jobs and spending program succeed in kicking into gear the transition from fossil fuels to renewable energy, and ultimately save us from catastrophic climate change? The energy transition is currently going way too slowly; it needs money and policy support. And many people would need job retraining in order to work in re-engineered, renewable-powered industrial systems. In the 1930s, the New Deal programs of Franklin Roosevelt helped create jobs while also building critical infrastructure, including rural electrification, roads, bridges, and government buildings. Today, as we confront the requirements to produce energy sustainably; to use it differently in transportation, manufacturing, and agriculture; and to reverse the current trend toward increasing economic inequality--in effect, to save and reinvent industrial civilization--the need is arguably much greater.

    The public champions of the Green New Deal (GND) in the U.S. include Democratic progressive representatives Alexandria Ocasio-Cortez, Deb Haaland, Rashida Tlaib, Ilhan Omar, and Antonio Delgado. The idea is also supported by writer-activists Naomi Klein and Van Jones; by the Green Parties in the US and Europe; and by the Sierra Club, 350.org, Greenpeace, Friends of the Earth, and the Climate Mobilization. The proposals currently circulating in Washington aim to provide 100 percent renewable energy in 10 to 20 years while supporting job retraining and aiding communities impacted by climate change. Some proposals also include a carbon tax (often with a fee-and-dividend structure that would rebate funds to low-income people so they could afford more costly energy services), incentives for green investment, public banks, measures to re-regulate the financial system, and the first steps toward a global Marshall Plan.

    Keep ReadingShow Less
    Opinion

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