Seems to me that all efforts to create awareness about climate change will be useless. Any effort to make the average individual understand the problem we are facing today, will be useless. “Limits to growth” is a good example of failed efforts. The message has been there for 40 years. The required awareness, at a global scale, a necessity to handle the current situation, is something that seems to me impossible, because we are, as specie, not smart enough to handle our own power.
The idea of economic growth as an unquestioned force for good is ingrained in the American psyche. But a longtime environmental leader argues it’s time for the U.S. to reinvent its economy into one that focuses on sustaining communities, family life, and the natural world. The case is strong that growth in the affluent U.S. is now doing more harm than good. It makes no sense to separate the two challenges: energy supply and climate change must be dealt with together.
But there are seldom-acknowledged factors external to financial and monetary systems that are effectively choking off efforts to restart growth. These factors, whose impacts are worsening over time, were briefly alluded to in the Introduction; here we will unpack them in more detail, discussing limits to oil and other energy sources, as well as to food, water, and minerals. We will also explore the increasing cost of industrial accidents and environmental disasters—and why, in the wide wake of global climate change, those costs are likely to escalate to the point that disaster avoidance and recovery will constitute a major portion of future government and private spending. Along the way, we will examine how markets respond to resource scarcity (it’s not a clear-cut matter of incrementally rising prices).