We are learning to protect & share this planet

From the PRI Broadcast by Steve Curwood, et al., April 23, 2021

Over the last 30 years human-caused emissions have increased by 60 percent. Today the atmosphere holds the equivalent of about 420 parts per million of CO2. That is not good news. We began the industrial age in 1760 with concentrations of CO2 at about half those levels and we are now living through the hottest decade in modern human history. As a result we are seeing record breaking heat waves and wildfires from California to Siberia, floods, rising sea levels and shrinking Arctic sea ice. Not to mention, record-breaking Atlantic hurricane seasons, searing droughts and massive tornado clusters. And all this climate disruption is a result of just a single degree centigrade rise in average earth surface temperatures since the beginning of the Industrial Revolution.

But our broadcast today is not simply a look back or lament. We are also looking ahead, to shine a light on some possibilities to head off climate disruption before civilization as we know it becomes untenable. We will consider the possibilities of economics, politics, applied science and technology to address climate disruption, though so far they have fallen short. So, we will look to see what they may be missing.

CURWOOD: Correlation doesn’t necessarily mean causation, but there are two striking trends that run parallel to the alarming rise in global warming gases. One is the astonishing growth of economic wealth, and in recent years that increase in wealth in the US has been confined to the very richest. In fact, most families in the US have seen little or no gain, with many losing economic power, as many young adults today can’t afford to buy homes like the ones they grew up in. The other trend is the loss of confidence in government action at the national and local levels and the failure of international rules governing climate change emissions to go beyond the honor system.

The concentration of economic and political power related to those trends has historically thrived on the extraction and burning of fossil resources. Climate policy critics including Van Jones, Kristina Karlsson and Bill McKibben say that has to change, if we are to halt our present march toward climate Armageddon. Kristina Karlsson is a program manager for the climate and economic transformation team at the Roosevelt Institute.

JONES: The first industrial revolution hurt the people and the planet, too. The next industrial revolution has to help the people and the planet.

KARLSSON: Meaningfully addressing climate requires an economic transformation in basically all corners of our economy.

MCKIBBEN: I think we’re reaching a turning point. I think that the political power of the fossil fuel industry has begun to wane after a century or two of waxing. And our job is to accelerate that to push hard for really rapid, rapid change.

CURWOOD: There are plenty of ideas about how to preserve a livable climate. And the conventional answer so far has been to double down on approaches that have yet to work, including unproven technology. To save us many advocates say we need market-based solutions such as pricing carbon and technologies such as renewable electricity from solar, wind and other clean energy sources to power our lives. They say we just need to update the systems of the Industrial Revolution that relied on abundant fossil fuels.

GROSS: We had all this energy available, a huge quantity that had never been available before. And that allowed just a complete revolution in the world: revolutions of transportation and manufacturing, all kinds of things that we just never had been able to do before.

CURWOOD: Samantha Gross was a senior climate and energy official for the Obama Administration. Now at the Brookings Institution, she notes that by the twentieth century, oil had become the most valuable commodity on world markets.
GROSS: If you were to design a fuel to be used for transportation, you really couldn’t do a lot better. It’s very energy dense, it has a lot of energy within it for its weight and its size. It’s easily transportable. It’s a liquid, so it works in an internal combustion engine. It’s really an excellent transportation fuel.

CURWOOD: So, she calls for new technologies to power the world while avoiding more climate disruption.
GROSS: We absolutely need both cleaner energy and more energy. There’s roughly a billion people in the world right now who don’t have access to modern energy services. And so, dealing with climate change, while not providing those people with a better standard of living is no solution at all.

CURWOOD: But even with the advent of electric cars like the Tesla and pricing of solar power well below that of coal, the growing profits of green tech have yet to halt the climate emergency. More is needed, says Kristina Karlsson, program manager for the climate and economic transformation team at the Roosevelt Institute.
KARLSSON: The markets will have to be a part of this, we can’t do this without private money. But focusing on those types of mechanisms alone will not get us anywhere near where we need to be in terms of mitigating climate, and it will also further deepen the unequal structurally racist outcomes that that system has already created.

CURWOOD: She says systemic racism has distorted government policies and spending when it comes to environmental justice and climate justice at home and abroad.
KARLSSON: All fiscal policy, even if it seems completely unrelated to climate will have climate implications. So, it’s, it’s really a framing argument and a sort of a policy development principle that saying, you can’t, you can’t ever be climate blind as you’re making choices.

CURWOOD: And Kristina Karlsson adds that if human rights and fairness guide the conduct of governments and businesses it would have a more positive economic impact in the long run than self-centered free market approaches.
KARLSSON: Climate is already an economic cost and an economic drag on our economy. Not only are we actually spending money to mitigate climate disaster that’s happening now. But we’re also seeding risk in our financial system by not dealing with the issue that we all rely on fossil fuels, you know, so we are actively paying for inaction. And as the more we put it off, the more these economic costs are going to compound over time.