'New Normals' of the Climate Crisis Demand a New Economy
By Eco Watch / ecowatch.com

The Post Carbon Institute released a new report today, Climate After Growth: Why Environmentalists Must Embrace Post-Growth Economics & Community Resilience. The report calls on environmental organizations and policy makers to accept the era of “new normals” in which we live that force us to adopt new strategies to the challenges we face.

The report’s authors say the implications of the “new normals” are profound:

The New Energy Normal—The era of cheap and easy fossil fuels is over, leading the industry to resort to extreme fossil fuel resources (tar sands,mountaintop removal coal mining, shale gas, tight oil and deepwater oil) to meet demand. Unfortunately, these resources come with enormous environmental and economic costs, and in most instances provide far less net energy to the rest of society. They also require much higher prices to make production worthwhile, creating a drag effect on the economy. As a result, high energy prices and economic contraction are likely to continue a back-and-forth dance in the coming years.

The New Climate Normal—Climate stability is now a thing of the past. As extreme weather events grow in severity, communities are increasingly adopting strategies that build resilience against the effect of these and other climate shocks. At the same time, we must take dramatic steps if we hope to avoid raising global temperatures more than two degrees Celsius above pre-industrial levels. According to Kevin Anderson of the Tyndall Centre, this would require a 10 percent reduction in carbon dioxide emissions per year, starting now—a rate so significant that it can only be achieved through dramatic reductions in energy use.

The New Economic Normal—We’ve reached the end of economic growth as we’ve known it in the U.S. Despite unprecedented interventions on the part of central banks and governments, the so-called economic recovery in the U.S. and Europe has been anemic and has failed to benefit the majority of citizens. The debate between stimulus and austerity is a distraction, as neither can fully address the factors that spell the end of economic growth—the end of the age of cheap oil, the vast mountains of debt that we have incurred, the diminishing economic impacts of new technologies and the snowballing costs of climate change impacts.

According to the report, common to all these “new normals” is the strategic need to build community resilience. Efforts that build community resilience enhance our ability to navigate the energy, climate and economic crises of the twenty-first century. Done right, these efforts can also serve as the foundation of a whole new economy—an economy that thrives within the real limits of our beautiful but finite planet.

Visit EcoWatch’s CLIMATE CHANGE page for more related news on this topic.

3.5 ·
1
What's Next
Trending Today
How a Trump Presidency Would Unleash a Torrent of Racist Violence-And Devastate the Left
Arun Gupta · 12,427 views today · The Left should take the Trump threat very seriously.
Who Are You? Watching This Breathtaking Video Could Be the Moment You Change Your Life
2 min · 11,392 views today · "Normal is getting dressed in clothes that you buy for work, driving through traffic in a car that you are still paying for, in order to get to a job that you need so you can...
Welcome to Marinaleda: The Spanish Anti-Capitalist Town With Equal Wage Full Employment and $19 Housing
Jade Small · 10,833 views today · With virtually no police, crime or unemployment, meet the Spanish town described as a democratic, socialist utopia. Unemployment is non-existent in Marinaleda, an Andalusian...
When You Kill Ten Million Africans You Aren't Called 'Hitler'
Liam O'Ceallaigh · 9,729 views today · Take a look at this picture. Do you know who it is? Most people haven’t heard of him. But you should have. When you see his face or hear his name you should get as sick in...
Maya Angelou's 3-Word Secret to Living Your Best Life
3 min · 6,234 views today · Dr. Maya Angelou says that in order to be the best human being you can be, you must follow one simple directive: "Just do right." Watch as Dr. Angelou reveals how you can never...
Today I Rise: This Beautiful Short Film Is Like a Love Poem For Your Heart and Soul
4 min · 6,096 views today · "The world is missing what I am ready to give: My Wisdom, My Sweetness, My Love and My hunger for Peace." "Where are you? Where are you, little girl with broken wings but full...
Forest Man
16 min · 6,032 views today · Since the 1970's Majuli islander Jadav Payeng has been planting trees in order to save his island. To date he has single handedly planted a forest larger than Central Park NYC...
How to Criticize with Kindness: Philosopher Daniel Dennett on the Four Steps to Arguing Intelligently
Maria Popova · 4,896 views today · “Just how charitable are you supposed to be when criticizing the views of an opponent?”
11 Traits of People With High Emotional Intelligence
Raven Fon · 4,825 views today · Lately, new ways to describe human interactions, social behaviours, and many facets of psychology have emerged on the social network scene. One of those descriptions is “high...
What Makes Call-Out Culture So Toxic
Asam Ahmad · 4,318 views today · Call-out culture refers to the tendency among progressives, radicals, activists, and community organizers to publicly name instances or patterns of oppressive behaviour and...
Alan Watts: What If Money Was No Object?
3 min · 3,755 views today · How do you like to spend your life? What do you desire? What if money didn't matter? What if money was no object? What would you like to do if money were no object? Spoken...
Doctors Response to Daily Mail Bigotry is Beautiful
Neil Tiwari · 3,344 views today · A poetic open letter to the Daily Mail newspaper from Dr. Neil Tiwari, in response to a bigoted attack on his colleagues, is going viral and it's beautiful.
10 Shocking Facts About Society That We Absurdly Accept As Normal
Joe Martino · 3,046 views today · When you take a moment and look around at the world, things can appear pretty messed up. Take 5 or 10 minutes and watch the 6 o’clock news. Chances are, the entire time, all...
Real Change in Democracy Comes Not in the Voting Booth but Activism at the Grass-Roots
Ilze Peterson · 2,643 views today · Many years ago, the late Judy Guay, a low-income woman from Bangor, founded the Maine Association of Interdependent Neighborhoods in order to advocate for the neediest in our...
What It Really Means to Hold Space for Someone
Heather Plett · 2,626 views today · How to be there for the people who need you most
Fighting Trump - Residents Opposing Donald Trump's Scottish Golf Resort
14 min · 2,508 views today · Documentary on the residents protesting against Donald Trump's golf development on the Menie Estate in Aberdeenshire, Scotland. Directed and Presented by James Trosh.
Do You Have Time to Love?
Thich Nhat Hanh · 2,319 views today · The greatest gift you can offer loved ones is your true presence.
Capitalism Is Just a Story - Rise Up and Create a New One
6 min · 2,094 views today · How many of us have a sneaking suspicion that something pretty fundamental is going wrong in the world? We keep hearing about the potentially devastating consequences of...
Superblocks: How Barcelona Is Taking City Streets Back From Cars
5 min · 1,879 views today · Modern cities are designed for cars. But the city of Barcelona is testing out an urban design trick that can give cities back to pedestrians.
Caitlin Moran's Posthumous Advice for Her Daughter
Caitlin Moran · 1,778 views today · My daughter is about to turn 13 and I’ve been smoking a lot recently, and so – in the wee small hours, when my lungs feel like there’s a small mouse inside them, scratching to...
Load More
Like us on Facebook?
'New Normals' of the Climate Crisis Demand a New Economy