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Tag Archives: Paris Climate Change Summit 2015

THE BEADY EYE SAY’S IT TIME FOR CAPITALISM TO PAY.

18 Tuesday Aug 2015

Posted by bobdillon33@gmail.com in Climate Change., Environment, Humanity., Politics., Sustaniability, The Future, Where's the Global Outrage.

≈ Comments Off on THE BEADY EYE SAY’S IT TIME FOR CAPITALISM TO PAY.

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Climate Change Solution's., Climate change summit Paris 2015, Delegates Paris Climate change Summit 2015, Paris Climate Change Summit 2015

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.

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The Beady eye looks at what is needed to come out of the Paris Summit on Climate Change.

13 Monday Jul 2015

Posted by bobdillon33@gmail.com in Climate Change., Environment, Humanity., Politics., Sustaniability, The Future, Where's the Global Outrage.

≈ Comments Off on The Beady eye looks at what is needed to come out of the Paris Summit on Climate Change.

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Bulletin of the Atomic Scientists, geoengineering, Global warming, Paris Climate Change Summit 2015, politics, science and technology, technophilia

Climate change is the ultimate global collective action problem, requiring cooperation from every government in the world.

It’s over twenty years since the first treaty, signed at the 1992 Rio Earth Summit, when countries agreed to limit their emissions of greenhouse gases. 

Here is the reality:

We are the first generation to understand the consequences of a high carbon economy on the planet, on future prosperity and, in particular, on the most vulnerable around the world. Let us be the generation that stands up and takes the responsibility conveyed by that knowledge.” Christiana Figueres, executive secretary, UN Framework Convention on Climate Change, May 2014.

So the question now is whether we will have the courage to act before it’s too late. And how we answer will have a profound impact on the world that we leave behind not just to you, but to your children and to your grandchildren.” US President Barack Obama, Georgetown Address, June 2013.

I was very struck by the fact that the impacts of climate change are undermining a whole range of human rights: rights to food, safe water and health and education. But it is also displacing people, which is very likely to cause not just human distress but potentially conflict. So for me it’s a very, very serious issue of human rights.” Mary Robinson, UN special envoy for climate change, 2013

Climate change will amplify existing social, political and resource stresses, shifting the tipping point at which conflict ignites, rather than directly causing it. Climate change is likely to increase the frequency, scale and duration of humanitarian crises. It is also likely to change patterns of migration, making border security an ongoing concern, especially in the developed world.” UK Ministry of Defence, Global strategic trends out to 2040.diesel global warming ny

We have just 5 months left until the Paris Summit. How likely is it that it will be meaningful and make a difference to climate.

What should be in it? 

A world Agreement; ( anything less is worthless.) 

The international agreement that has a clear legal basis that works for different national constitutions.  (All agreements are broken, so perhaps an agreement tied to World Trade/ and Arms deals might be enforceable.)

This agreement should be supported by a clear, shared accounting system and robust, transparent monitoring and reporting requirements.

It must be seen as fair for all. The agreement must allow for comparisons of national contributions, using appropriate indicators of national responsibilities and capabilities, to encourage ambition and ensure that climate action links with strategies for poverty alleviation and sustainable development.

The Agreement can not be seen as static. It should be for five-year cycle, with a ratchet mechanism over time built into the system and a clear, long-term goal.  Why? Because carbon targets will need to be revised in the light of emerging science. It should move towards a goal to phase out pollution from fossil fuels by 2050 and phase in clean energy technologies.

It will need financing to support actions on adaptation and mitigation.

The agreement should include commitments to scaled up public finance, to support adaptation and mitigation action, aligned with other public finance for development; and wider efforts should be made to secure private sector investment in the low-carbon economy.

Any new agreement covering forest protection, land use and agriculture should be properly financed, have clear rules for emissions accounting and involve local communities in decision-making. It should ensure better biodiversity, ecosystem protection and restoration, and include support for sustainable agriculture and increased climate resilience.

Here what at stake:

The uncompromising Math of Global Warming, Pollution will if we fail to act early will guarantee that we are leaving humanity with more dangerous climate change such as more frequent extreme weather, more droughts, heat waves, and floods.

Even in the face of planetary catastrophe, 195 governments in a room can be just incompetent. Amidst the thicket of complex policy talk, we need to define the red lines of the agreement and organise the press and politics around them.

Our top focus – a clear commitment to a world without carbon, powered by 100% clean energy.

That is what will put the fossil fuel industry on notice, and shift private investment massively into renewable energy. New power plants, buildings, city designs, and lifestyles are being formed as we speak. How these are built could lock us into decades of increasing climate pollution as many of these last for several decades at a minimum.

A prime example is in the electricity sector where the emissions of power plants that the International Energy Agency projects could be developed in the next two decades would be larger than the emissions of coal from the beginning of the industrial revolution and eat up a huge chunk of the amount of carbon that can be emitted by all sectors.

The current targets aren’t deep enough to address climate change and most countries only made commitments through 2020. So there is a need to deepen and extend the emissions reduction commitments.

The scale of this crisis demands action that goes beyond consistently “kicking the can down the road”. 

Once we have an agreement in hand then we can engage in serious ethical consideration over whether or not to act.

Will any of this happen?

Not a hope in a world that is driven by Capitalism.

The only way is as I have said in previous blogs is for Capitalism to contribute by placing a World Aid Commission of 0.05% on all High Frequency Trading , on all Foreign Exchange Transactions over $20,000, and on all Sovereign Wealth Funds Acquisitions.

https://youtu.be/anfbjiShjP8

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All comments and contributions much appreciated

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