Climate Deal Likely to Bear Big Price Tag

Author:
First published in Sanctuary Asia, Vol. 29 No. 12, December 2009

 

For those seeing continuity of the industrial pollution economy, or business as usual with some concessions to efficiencies and cleaner technologies, it all comes down to money. Or, call it climate aid (to replace what used to be "foreign aid"). The New York Times represented this tendency most recently with its report "Climate Deal Likely to Bear Big Price Tag" on Dec. 8, 2009. (It's in the Environment section, but ought to be in the Business section. Online a Shell Oil ad flashes around.)

 

This widely accepted concern about future climate-mitigation costs is way off base. I'm not referring to the familiar argument that renewable energy and energy efficiency pay though savings and job creation, or that carbon reductions ultimately save money. Or that there's monetary value in saving forests that provide oxygen and sequester carbon.

 

Rather, several assumptions go into the typical analysis captured by this New York Times story, such as that there will be the technical and geological ability to maintain a semblance of the present economy way into the future, and that there will be the financial wealth to even attempt such an approach for replacing high-emissions infrastructure. But most of all, the idea that buying our way or engineering our way to a viable future is absurd when we just look at ecological trends.

 

To understand my view, one would have to roughly share my values about simplicity and natural living, as well as my view on the unavoidability of collapse. I won't rehash now what I've written about these things, including the brighter future promised when the present system falters completely and is replaced by not another system but by eventual bioregional diversity of human cultures. The end is really a beginning. The reflowering could be swift. Nice if industrialism's destruction of the life support system could cease sooner rather than later.

 

Cultural change through upheaval and termination might be the main silver lining in the unlikelihood of poor nations not getting the hoped-for global industrial aid to "modernize" (that passes for climate-crisis solutions instead of immediate slashing of emissions). There should be more justice regarding past and present fossil-fueled materialism, but perhaps waiting for the check in the mail is bone-headed and an insufficient strategy. The "free market," global trade and inflated funny-money aren't the future.

 

Looking at the future through the lens of the past, as the New York Times and the banksters do, can result in distorted perceptions. The defenders of the status quo can only continue attitudes that result in impossibilities, such as (1) money being an answer to a health crisis brought on by out-of-control technology and overpopulation, and (2) population growth itself as something that can keep happening based solely on trends upward.

 

Rather than consider those overarching issues, expectations for business as usual run along the lines of starting with a "developing"-nations fund of "$10 billion in so-called quick start financing... now on the table [as] adequate but that such spending had to rise to roughly $80 billion and as much as $150 billion a year by 2020. 'That is not very much compared to the size of the world economy or the financial crisis bailouts,' said the leader of Costa Rica's climate delegation." ( New York Times ) Sure, in their dreams.

 

Am I being unfair? Well, consider the source of funds: largely intended from a scam. The same New York Times article said, "...roughly $100 billion will be needed by 2020 to finance climate-change programs in the developing world. About half could come from the growing global market in carbon emissions credits under a cap-and-trade system, which would be worth an estimated $2 trillion a year by 2020."

 

by Jan Lundberg. For more details log on to: www.culturechange.org

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