If you are one of those people who I call shadow people don’t bother reading this post in order to press the like button. However if you’re a real person all suggestions or comments will be appreciated.
We all know that there is the governments of more than 190 nations gathering in Paris to discuss a possible new global agreement on climate change. The aim is to reduce global greenhouse gas emissions and thus avoiding the threat of dangerous climate change.
The crunch Paris climate conference is from 30 November to 11 December.
Will it achieve anything worth while other than the usual media hype.
I think not. Why? Because the very thing that caused the problem is not there and it will in the long run ignore any agreement.
With global population rapidly marching toward 11 billion and with it the demand for food, health services, energy and security, we need to reexamine the models that have gotten us to this point.
Currently, our planet is on track to fly past the 2 degrees Celsius warming that scientist have repeatedly warned marks the safe range for humans on this planet. Beyond this point, we will only see the outcome of these challenges become more severe and an increased potential of no return.
“Global climate change is not a man-made. “It is a capital-made problem.”.
Over the last 40 years, global wealth has become a more concentrated problem.
During this time, we saw a massive expansion in our planet’s destruction and disruption; global carbon emissions grew by 75 percent; deforestation rates climbed to 17 percent in the past 50 years.
Clearly, the neoliberal economic growth model being promoted as a road to economic development is not distributing our gains in wealth to the majority, but to an elite minority at the expense of the planet’s future habitability.
Global emission have also grown 70% since 1970.
Economic Research estimates that for every 1 degree Celsius in additional warming, violent crimes such as assault, murder and rape will increase by 2.4 percent, while larger conflicts such as riots, ethnic violence, political instability and gang activity will increase by 11.4 percent.
Economically, 5 percent of the global market economy is at risk currently due to climate change. This is not accounting for damages due to increased intensity of weather events, of which 80 percent will be felt by poorer Southern Hemisphere countries.
Put in plain and simple language: Limitless production and consumption is not possible on a finite planet.
We have the chance to change this paradigm through new technologies, new business models and new financial structures which redevelop the role business plays in society.
In this challenge, we need to account for not just the natural limits of our planets, but also for the injustice and inequality generated by our current economic paradigm by responding with a collaborative spirit.
We need: A new economy.
As investors, we need to review the business and financial models that we promote.
Just building a clean tech innovation economy is not enough.
Complete change will not happen overnight.
It will not be built on the back of one investor or one innovative entrepreneur.
It will be something that business owners, investors, political leaders, consumers and entrepreneurs must all have to work together toward.
What explains our collective failure on climate change?
Why is it that instead of dealing with the problem, all we seem to do is make it worse?
The answer is simple
ITS THE CAPITALISM GOD OF PROFIT.
WHICH IS NOT compatible with the actions needed to combat climate change.
Capitalism isn’t helping. In fact, it can’t help the cause, but it can pay to rectify it. .
“You might be able to argue that the economic costs of taking action are greater than allowing climate change to play out for a few more decades …
“But most people don’t actually like it when their children’s lives are ‘discounted’ in someone else’s Excel sheet, and they tend to have a moral aversion to the idea of allowing countries to disappear because saving them would be too expensive.” Naomi Klein.
She prompts an ideological solution. We all stop being greed bad boys.
Free market cannot accomplish what needs to be done.
We need to think differently, radically differently” for changes to be even remotely possible.
Can, as Martin Luther King Jr. said in 1967, a “radical revolution of values” shift our society from a thing-oriented society to a person-oriented society?
We need to take our smartphones to the streets in massive demonstrations demanding action.
We’re too selfish, we’re too greedy — is that this idea of the “we” of who we are that has to changed. Which of course is impossible.
There is only one solution.
Pledges, New Global Agreements, Discussions, Hand Shakes, you name it are useless.
Capitalism must be made to pay by placing a World Aid Commission of 0.05% on all Stock Exchange transactions over $20,000, on all High Frequency Transaction, on all Foreign Exchange Transaction over $20,000, on all Sovereign Wealth Funds Acquisitions.
This will crate a perpetual World Aid Fund.
No other solution will work as no one wants to Pay the Bill.
If you have any suggestions (if you think that the contents of this post are worthy) as to how we can bring the suggestion to the attention of the delegates in Paris I am all ears.