Economy on the edge: seeking a world that works for the 100%

See on Scoop.itThe Great Transition

The global economy is on the edge with 85 people having as much wealth as 3.5bn of the world’s poorest. We need a new story of an economy that doesn’t trash the planet

Willy De Backer‘s insight:

Excellent Guardian article by Hunter Lovings, Robert Costanzo and others on the new ecological economic paradigm which can take the planet away from the edge.

See on www.theguardian.com

IEA Says the Party’s Over

See on Scoop.itThe Great Transition

The International Energy Agency has just released a new special report called “World Energy Investment Outlook” that should send policy makers screaming and running for the exits.

Willy De Backer‘s insight:

Great analysis by Richard Heinberg of the international Energy Agencies recent ‘World Energy Investment Outlook’. World needs at least 48 trillion dollars investments through 2035.

See on www.resilience.org

Boom or bust time for critical thinking?

See on Scoop.itThe Great Transition

Following the massive bailouts, stimulus spending and quantitative easing of recent years, everyone breathed a sigh of relief and went back to sleep, says Richard Heinberg. But the coming global energy crisis will likely provide the jolt that wakes everyone up again.

Willy De Backer‘s insight:

Very good interview with Richard Heinberg in Eurozine – the problem with economics and limits to growth

See on www.eurozine.com

Scientists vindicate ‘Limits to Growth’ – urge investment in ‘circular economy’

See on Scoop.itThe Great Transition

Nafeez Ahmed: Early warning of civilisational collapse by early to mid 21st century startlingly prescient – but opportunity for transition open

Willy De Backer‘s insight:

Good review of the latest study by Prof. Ugo Bardi for the Club of Rome on how climate change and resource constraints will force us to rethink our way of life.

See on www.theguardian.com

The age of climate warfare is here. The military-industrial complex is ready. Are you?

See on Scoop.itThe Great Transition

Nafeez Ahmed: The risk of climate conflict is real, but securitising the planet falls into the trap of those who profit from global conflict

Willy De Backer‘s insight:

Great Guardian article on the growing interest of the military in the climate chaos issue. "The securitisation of climate change – and with it the entire planet – is not leading to meaningful transformative action to transform the social relations necessary to mitigate and prevent dangerous global warming. Instead, while climate change accelerates, the corporate-military-industrial complex accelerates profits."

 

See on www.theguardian.com

Envisioning a Successful Steady State Economy

See on Scoop.itThe Great Transition

How do you envision a successful economy without continuous growth?

Willy De Backer‘s insight:

Another great article from Herman Daly (ex-World Bank) underlining that we need to "limit the economy’s physical scale relative to the containing ecosystem. The way to do that is to leave a large part of the ecosphere untransformed, to limit our absorption of it into the economic subsystem─to keep a large part of the earth ecosystem in natura—as a source for low-entropy matter/energy inputs and as a sink for high-entropy waste, and as a provider of life support services. In this context, laissez-faire takes on a new meaning─it is the ecosystem that must be left alone to manage itself and evolve by its own rules, while the economy is carefully constrained in aggregate scale to stay within the limits imposed by the ecosystem. To stay alive and produce, we must use environmental sources and sinks. But the rate of use must remain within the regenerative and absorptive capacities of the ecosystem. That quantitative limit on resource throughput at a sustainable volume will automatically get reflected in market prices, effectively internalizing the social value of sustainability imposed by limits on resource extraction. The metabolic throughput from and back to the ecosystem cannot keep growing."

See on www.thesolutionsjournal.com

New voices for the social-ecological transition in the European Parliament?

Tags

Now that the dust is falling, it might be a good moment to look back at what was announced as “historical” European elections.

I have big doubts whether these elections will be as historic as they were supposed to be. There might have been a bit more attention for Eurovote 2014 in the media, but the focus was more on the rivalry between the so-called Spitzenkandidaten than on the real question of what kind of Europe citizens want and need to deal with the perfect storm of global uncertainties.

It was tragic how the real tough challenges of our times (climate change, resource scarcity, ecological monetary reform and runaway globalisation) were as good as totally absent in the campaigns. This was a Eurocampaign about the past and not about the future. And as a result those who were chosen (right-wing as well as left-wing populists) were those who are stuck in a past which will never return. If Jean-Claude Juncker will become the next European Commission President, it would be the ultimate expression of Europe’s choice for the past.

We can only hope that some of the new faces in the Parliament will have the intellectual courage and the political stamina to launch a few fresh debates into the Old House: debates about the limits of growth, the planetary boundaries of our production and consumption models, the new economic and social model based on prosperity and equality instead of GDP and austerity.

What we need are MEPs with a vision for the future, MEPs who are willing to help build the bridges for the transition to a social-ecological, post-growth prosperity Europe. All new parliament members who recognise themselves in this blog post, please come forward!

Shale and non-Russian gas imports at heart of new EU energy strategy

See on Scoop.itThe Great Transition

Ukraine crisis forces bloc to seek diverse sources of gas, but green groups complain ignoring renewables is a mistake

Willy De Backer‘s insight:

The EU’s latest energy security strategy bets big on ‘sustainable’ production of fossil fuels ignoring the climate impacts of more gas.

See on www.theguardian.com

EU twisting facts to fit political agenda, chief scientist says

See on Scoop.itThe Great Transition

A big challenge for the next European Commission will be to disconnect its evidence gathering processes from the “political imperative” that’s driving policy proposals, according to Anne Glover, the EU’s chief scientific advisor.

Willy De Backer‘s insight:

Strange article. Was she really that naive when she accepted this job. Politics will ALWAYS beat science. Politics is about power. And if she makes this evaluation now, she has one good way to react; resign.

See on www.euractiv.com

Follow

Get every new post delivered to your Inbox.

Join 72 other followers