From Slate.com: Industrial civilisation’s impact is so massive that it goes way beyond climate change. Earth scientists now suggest that it is creating a distinct geological layer made of ‘technofossils’. The scale of our stuff is so gargantuan, that it is throwing off the quite robust balance of our natural systems—that’s how powerful it is.
From The Conversation: If the global economy grows by 3% till 2100, it will be 60 times larger than now. The existing economy is already environmentally unsustainable, so we simply cannot“decouple” growth from environmental impact. This paper looks at policies that could facilitate a planned transition beyond growth–while considering the huge obstacles along the way.
Colin Todhunter writes: At a time when India commemorates the end of British rule, it finds itself under siege from international capital. Its not only on course to become an even weaker and more hobbled state permanently beholden to US state-corporate interests, but it is heading towards environmental catastrophe much faster than many may think.
From BBC: A recent episode of Newsnight, BBC’s programme on ideas, had a surprising guest: Anthropologist Jason Hickel, who went on to make a case against the lethal addiction to economic growth and in its place proposed “planned de-growth”. Hickel is the author of The Divide: A Brief Guide to Global Inequality and its Solutions.
We should expect financial collapse quite soon – perhaps as soon as the next few months. Our problem is energy related, but not in the way most experts have claimed. It’s much more related to the election of President Trump and to the Brexit vote. Most people don’t understand how interconnected the world economy is.
India’s former energy secretary E.A.S. Sharma writes in The Wire: Everyone knows that the NPA problem is due to the lack of due diligence on the part of banks. If banks were to refuse new loans to some of these indebted companies, nearly 40% of the coal blocks assigned to them would not get developed.
Huffington Post reports: India ranks 132nd out of 152 countries on a new index that measures the commitment by a country towards reducing inequality. The index is composed of 21 data points with varying weights; including health and education, share of tax revenue in the GDP, share of tax exemptions, minimum wage and maternity benefits.
From IEEE Spectrum: At the beginning, engineers at RE<C, Google’s now defunct renewable energy initiative, had shared the attitude of many environmentalists: They felt that with steady improvements to today’s renewable energy technologies, society could stave off catastrophic climate change. They now know that to be a false hope—but that doesn’t mean the planet is doomed.
Down to Earth reports: Despite bumper production, volume of import of cereals like wheat and maize increased by 110 times between 2014 and 2017. Traders now find it cheaper to import from Australia than to procure locally. India’s already distressed farmers are the hardest hit by the fall in the prices caused by the rising imports.
From Mining Review Africa: Environmental NGO Urgewald has revealed companies that are at the forefront to expand the world’s coal-fired power by 42.8%. The report identifies the 120 companies that are planning about 850 new coal plants in 62 countries–including Indian coal majors Adani, Tata, Lanco and Coal India, which are driving the biggest plants.
Colin Todhunter writes in Countercurrents.org: A combination of debt, economic liberalisation, subsidised imports, rising input costs and a shift to cash crops (including GM-cotton) has caused massive financial distress to small farmers in India. The Regional Comprehensive Economic Partnership (RCEP), a trade deal now being negotiated by 16 countries across Asia-Pacific, could accelerate this process.
Bart Hawkins Kreps writes: Will we have plenty of affordable energy to power communications among trillions of internet-connected sensors in the “Internet of Things”? Will our new fleet of self-driving cars have plenty of fuel to keep us moving en masse? The uncertainty of our long-term energy supply is not even mentioned in this book.
Carbon Brief reports: A startling 22% of global CO2 emissions stem from the production of goods that are consumed in a different country. However, traditional inventories do not include emissions associated with imports. While Western countries have reduced domestic emissions recently, some of this reduction has been offset by increasing imports from countries like China.
George Monbiot writes: We cannot hope to address our predicament without a new worldview. We cannot use the models that caused our crises to solve them. We need to reframe the problem. This is what the most inspiring book published so far this year – Doughnut Economics by Kate Raworth of Oxford University -has done.
From The Wire: From its environmental track record, one thing that emerges is the current government’s penchant for innovation, be that its earliest initiative – wanting to ‘reform’ (or dismantle) key environmental laws – or the subsequent interventions that have ended up in subverting the management of natural ecosystems, spanning forests, rivers, coasts and wetlands.
India’s Tribal communities are under extreme pressure, right from big dams and mines to violent insur gencies and militarisation engulfing their lands. In 25 years, will these communities cease to exist? Or, will they represent thriving, revitalised models of egalitarian sustainability that the rest of the world has come to recognise and is learning from?
From Truthout.org: This superbly researched 2015 paper explains why China’s unfolding environmental crisis is so horrific, so much worse than “normal” capitalism most everywhere else, and why the government is incapable of suppressing pollution even from its own industries. It should serve as a warning for India, whose official policies increasingly mimic the ‘China model’.
Devinder Sharma writes: In the past 21 years, over 3.18 lakh farmers have committed suicide; that’s one farmer ending his life every 41 minutes. Every death on the farm infuriated the farmers, their families. But political leaders have always ignored the warning. Not realising that the day farmers wake up, Indian politics will change forever.
From Down To Earth: About 70 per cent of India’s livestock is owned by 67 per cent of the small and marginal farmers and the landless, who shifted to livestock in face of uncertain rain and dwindling income. New restrictions on cattle slaughter will severely cripple the livestock economy which is now bigger than crop economy.
From The Wall Street Journal: While most big oil companies foresee a day when the world will need less crude, timing peak oil demand has proven controversial. Most Big European producers predict that a peak could emerge as soon as 2025 or 2030, and are overhauling long-term investment plans to diversify away from crude oil.