But beware delusional promises of the “green profit narrative” that we won’t need to change the way we live now. —
No 2663 Posted by fw, September 25, 2020 —
My summary of this repost –
The concern that population and consumption growth, linked to depletion of fossil fuels, would eventually lead to collapse, is not new. Although the solution was obvious, convincing political and business leaders to act has proved difficult. Decision-makers used three arguments to justify their inaction. These arguments reflect the short-term imperative of the capitalist economic system itself.
Proposed win-win solutions have failed to deliver. For example, starting in 1980s big environmental organizations partnered with corporations pinning their hopes on high tech solutions — so-called “clean energy” promised planet-saving economic growth without resource extraction and waste; Synfuels seemed to be a no-brainer; population growth was forecast to become a non-issue as economic growth enriched poorer people who would have fewer kids. Environmentalists have also lobbied for other initiatives — make way for visions of green profits and jobs galore!.
But over the last few decades our environmental problems are much worse. What went wrong? If green alternatives are really so profitable, why the reluctance to wholeheartedly support them? Turns out there are even more difficulties ahead in attempting to maintain a growing economy and an expanding population while dramatically reducing environmental harms. Estimates of the future costs of climate change are staggering, and unbearable costs are fast becoming society’s burden. Resource extraction yields profits for land owners, while resource depletion yields problems for future generations.
Heinberg’s three proposed solutions: 1) Abolish externalities – Make industrials pay all real costs of their activities from mine to landfill; 2) Change land ownership laws to make land the common property of all people, and make workers the owners of their labor; and 3) Reduce global rate of population growth to a sustainable level, which would reduce levels of wealth inequality. A variety of social movements are already in search of an improved quality of life — As the UK’s Tim Jackson puts it, we seek “Prosperity Without Growth”. Beware the grand delusion of the so-called “green profit narrative” that the way we live now won’t need to change. —Richard Heinberg, Post Carbon Institute
Richard Heinberg is Senior Fellow of the Post Carbon Institute and is regarded as one of the world’s foremost advocates for an “eyes-wide-open” shift away from our current reliance on fossil fuels. He is the author of thirteen books, including some of the seminal works on society’s current energy and environmental sustainability crisis. (For more about Heinberg and his works, click on his linked name above).
Here, in Heinberg’s own words, is the closing paragraph of his concise, coherent, evidence-based analysis of our existential predicament.
“You see, the real downside of the green-profit narrative has been that it created the assumption in many people’s minds that the solution to climate change and other environmental dilemmas is technical, and that policy makers and industrialists will implement it for us, so that the way we live doesn’t need to change in any fundamental way. That’s never been true. The sooner we get that through our heads, the more time we will have to get used to living happily within limits—without nature imposing those limits in ways that aren’t so pleasant.”
My special thanks for Richard’s article, which effectively debunks the current flood of “greening the economy” fairy tales making the rounds. (See, for example, the CBC’s piece Task Force calls on Ottawa to spend billions on ‘green recovery [scroll down], and Leadnow’s promotion of a “Just Recovery for All” )
Below is my repost of Heinberg’s timely examination of the challenge we face, featuring my added subheadings, text highlighting and selective use of bulletted formatting. Alternatively, to read his original piece on the Post Carbon Institute’s website, click on the following linked title.
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The concern that population and consumption growth, linked to depletion of fossil fuels, would eventually lead to collapse, is not new
The notion that modern industrial civilization is fundamentally unsustainable and is therefore likely to collapse at some point is not a new one. Even before the Limits to Growth report of 1972, many ecologists were concerned that our continual expansion of population and consumption, based on the ever-increasing rate at which we burn finite supplies of fossil fuels, would eventually lead to crises of resource depletion and pollution (including climate change) as well as catastrophic loss of wild nature. Dystopian outcomes would inevitably follow.
Although the solution was obvious, convincing political and business leaders to act has proved difficult
This apprehension led environmentalists to strategize ways to avert collapse. The obvious solution was, in large measure, to persuade policy makers to curtail growth in population and consumption, while mandating a phase-out of fossil fuels. But convincing political and business leaders to do these things proved difficult-to-impossible.
Decision-makers used three arguments to justify their inaction
The folks in charge used the following arguments to justify their refusal to act.
1/ Population Growth:
2/ Economic Growth:
3/ Fossil Fuels:
These arguments reflect the short-term imperative of the capitalist economic system itself
Together, these arguments were impenetrable—not because there weren’t any better counterarguments, but because they reflected the short-term imperatives of the economic system itself. It’s a system, after all, that has to keep moving and growing to survive. So, for environmentalists, it was back to the drawing board.
Proposed win-win solution? – Clean energy: planet-saving economic growth without resource extraction and waste
After strategizing feverishly, they came up with what seemed like a winning formula. What if there could be “clean” energy sources cheaper than fossil fuels, and what if economic growth could be achieved without more resource extraction and waste dumping? In short, what if industry could profit by saving the planet? If this really turned out to be the case, two of the basic ecological contradictions of modern society (increasing rates of resource depletion and pollution) would disappear painlessly.
Population growth becomes a non-issue when economic growth enriches poorer people who have fewer kids
Meanwhile, we could simply ignore the population issue and hope that it somehow takes care of itself as economic growth makes people more affluent and therefore likely to have fewer kids. Everybody wins!
Starting in 1980s big environmental orgs partnered with corporations pinning their hopes on tech solutions
And so, starting in the 1980s, big environmental organizations relied to an ever-greater extent on partnering with corporations and on hopes for technological solutions to the growth dilemma.
Environmentalists have also lobbied for other initiatives —
Make way for visions of green profits and jobs galore!
And here we are today.
But over the last few decades our environmental problems are much worse
And yet, during the last few decades, as all these supposedly profitable green solutions have sprouted, our actual environmental problems have gotten worse.
What went wrong?
What’s the hitch?
If green alternatives are really so profitable, why the reluctance to wholeheartedly support them?
It’s easy to make the case that government has dragged its feet on regulations and incentives. But if green alternatives are really so profitable, why the reluctance to wholeheartedly support them?
Take the case of renewable energy
Consider renewable energy. Costs for solar panels and wind turbines have continually fallen, so these alternative energy sources should be Exhibit A for the green-growth argument.
Synfuels seem to be a no-brainer, but…
Take just the last of these—synfuels, of which considerable quantities may be needed, depending on how much aviation, shipping, intensive farming, and high-heat industry we want to maintain. We can make synfuels from free sunlight and wind, and CO2 captured from the air. It would seem to be a no-brainer.
So, even if solar panels and wind turbines continue getting cheaper, there will still be systemic technological and economic hurdles—in addition to any political foot-dragging—hindering a full transition.
Turns out there are even more difficulties ahead in attempting to maintain a growing economy and an expanding population while dramatically reducing environmental harms
Ugh. That was supposed to be the cheap and easy part of the green-growth solution. Unfortunately, there are even more difficulties to be faced in attempting to maintain a growing economy and an expanding population while dramatically reducing environmental harms.
Don’t overlook costs of “externalities”
Some of those problems are summed up in the word externality. In economics lingo, an externality is the impact of an economic transaction that is not priced into that transaction.
Estimates of the future costs of climate change are staggering, and unbearable costs are society’s burden
Perhaps you’ve read reports that estimate the future costs of climate change. The numbers are staggering. Surely the prospect of such unprecedented financial losses over the coming decades will motivate today’s industrialists to invest in green alternatives! Not necessarily. Publicly held corporations are required by law to make decisions that result in the highest value to their shareholders, not society as a whole. Next quarter’s profits are therefore all-important. If climate change imposes unbearable costs on society at some point down the line, that’s society’s burden.
Another problem – resource extraction yields profits for land owners; resource depletion yields problems for future generations
Another set of problems issues from our laws regarding private property. If a corporation buys land that happens to contain a major coal deposit, the corporation owns that coal and can mine and sell it. (In some cases, corporations can even buy rights to resources below land owned by others.) But no business made the coal, or the soil above it. Industrialists simply claim ownership by paying a fraction of real value, and then profit from the extraction of whatever valuable minerals may exist. Resource depletion is always our grandchildren’s problem, never ours. And our grandchildren have no seat at the table.
In other words, whether the problem is related to pollution or depletion, the incentives and advantages are all on the side of industry and growth, never nature and conservation, unless government steps in with a regulation or two.
Yes, there are occasional profits to be made from green energy and products. For example, companies sometimes earn profits by making and selling solar panels, electric bikes, biodegradable laundry detergent, and hemp T-shirts (note: I’m setting aside, for now, the full life-cycle ecological footprints of these products when I characterize them as “green”). But until the fundamental incentives and legal structures that support our current industrial growth economy are overhauled, the lion’s share of profits will continue to accrue to industries that extract and pollute. The reason these industries extract and pollute is that most economic activity is directed toward consumption, and most consumption inevitably depletes resources and pollutes. That’s why there’s been no overall shift in society’s direction.
So, what would actually be required to stop [nature’s] bleeding?
Abolish externalities – Make industrials pay all real costs of their activities from mine to landfill
1/ First, we would have to abolish externalities. That would mean requiring industrialists to pay all the real costs of their activities—from mine to landfill. No more free pollution, including the free dumping of carbon dioxide into the atmosphere.
Change land ownership laws to make land the common property of all people, and make workers the owners of their labor
2/ Then we would have to change laws related to the ownership of land. As American economist Henry George proposed back in the 1870s, and as Native Americans have always believed, land should be the common property of all people, and other species should have the right to habitat and survival. Workers should own the products of their labor, but no one should unilaterally own our common inheritance of nature’s bounty.
Reduce global rate of population growth to a sustainable level, which would reduce levels of wealth inequality
/3 There is a third and final realm in which action would be necessary. We would need to take the population question seriously. If population is growing, a shrinking economy becomes an ever-greater burden on each individual. But if population levels are declining, then economic degrowth imposes a smaller per-capita toll, and quality of life could improve as human numbers decline to a sustainable level.
The eventual result of taking these collective actions would likely be a happier society, but a smaller and slower one. Many people already yearn for a slower and happier way of life, and, ironically, under current industrial conditions they are forced to pay extra for simple, healthy food, clean air, and opportunities to feel creative and genuinely useful.
A variety of social movements are already in search of an improved quality of life —
As the UK’s Tim Jackson puts it, we seek “prosperity without growth”
[These movements] have all sought to cultivate and channel the understandable human urge to regain personal autonomy, re-weave social relationships, and reconnect with nature. There is advantage to be had in ending our assault on the planet; just not profit in the financial sense.
The grand delusion of the so-called “green profit narrative” is that the way we live now won’t need to change
You see, the real downside of the green-profit narrative has been that it created the assumption in many people’s minds that the solution to climate change and other environmental dilemmas is technical, and that policy makers and industrialists will implement it for us, so that the way we live doesn’t need to change in any fundamental way. That’s never been true. The sooner we get that through our heads, the more time we will have to get used to living happily within limits—without nature imposing those limits in ways that aren’t so pleasant.
Originally published at Common Dreams
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