Price Inflation, Marginal Cost Pricing, and Principles for Electricity Market Redesign in an Era of Low-Carbon Transition
environment
In a new book, Alligators in the Arctic and How To Avoid Them, Peter Dorman shows how flawed academic models, faulty assumptions and unrealistic schemes grossly underestimate what’s needed to stop catastrophic warming. He argues for a straightforward carbon emission budget – plus the active citizenship required to fight big businesses that want to keep doing business as usual. Lynn Parramore explores his findings and talks to the economist about the path forward.
All aboard! We’re hopping a time capsule to travel 56 million years back in Earth’s history. You are entering the time when dinosaurs have gone and curly-tailed early primates share the world with humongous flightless birds. The air is sultry, the landscape lush with feathery ferns and swaying palms. Alligators bask on rocks in the sun. It’s getting pretty steamy; you’re wishing you’d packed a swimsuit.
Surprise! You’re in the Arctic Circle.
The ‘solution’ master-minded by global finance at COP27 to resolve the imminent environmental crisis: create a multi-quadrillion dollars’ worth of assets on the back of everything nature does and expropriate it from the global commons to make a profit.
TRANSCRIPT
LYNN FRIES: Hello and welcome. I’m Lynn Fries producer of Global Political Economy or GPEnewsdocs. Today’s guest is John Bellamy Foster.
He’ll be talking about the financialization of the earth as a new ecological regime. A regime where the rapid financialization of natureis promoting a Great Expropriation of the global commons and the dispossession of humanity on a scale that exceeds all previous human history. And which is accelerating the destruction of planetary ecosystems and of the earth as a safe home for humanity. All in the name of saving nature by turning it into a market.
The Met says Just Stop Oil are a tiny minority causing ‘disproportionate’ disruption. Isn’t environmental Armageddon enough justification?
Continue reading..."If allowed to go ahead, mining will irreversibly destroy ancient deep sea habits and impact those who rely on the ocean for their livelihood."
Many of the creatures featured in this piece, as well as our coastal economies, are under threat as the climate crisis warms ocean waters and threatens coastal ecosystems
"These islands attract millions of visitors a year keen to experience their natural wonders. Yet often this very “ecotourism” is contributing to their degradation."
"As consumers become increasingly interested in purchasing sustainable products, there are growing concerns that some businesses are falsely promoting their environmental or green credentials."
"Help the residents of the deep defend their home. Play GAME OVER and discover the enormous risks involved in deep sea mining."
Exeter University announces new, five-year funding arrangement with Shell, as students urge campuses to divest from fossil fuel interests, reports Max Colbert