New scientific research is quietly rewriting the fundamentals of economics, showing decisively that the age of endlessly growing industrial capitalism, premised on abundant fossil fuel supplies, is over. The long-decline of capitalism-as-we-know-it, the new science conclusively shows, began some decades ago, and is on track to accelerate well before the end of the 21st century.
From International Socialist Review: Catastrophism explores the politics of apocalypse —on the left and right, in the environmental movement, and from capital and the state —and examines why the lens of catastrophe can distort our understanding of the dynamics at the heart of these numerous disasters —and fatally impede our ability to transform the world.
From The Guardian: Chemicals and agribusiness giant Bayer has approached the European Union to approve its $65bn takeover of Monsanto, eliminating direct competition between two of the biggest players in the industry. If approved, the merger would be an extremely risky consolidation of corporate power, and a serious threat to food supplies and farmers worldwide.
Richard Heinberg writes: Over the past century-and-a-half, fossil fuels enabled the rapid growth of resource extraction, manufacturing, and consumption; and these in turn led to population increase, pollution, and loss of natural habitat and hence biodiversity. Our core ecological problem is not climate change. It is overshoot, of which global warming is only a symptom.
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.
What is permafrost? What happens when permafrost thaws? This animation, based on research by scientists at the Alfred Wegener Institute, answers these questions. Understanding this problem, and its connection to global climate change, is of vital importance at a time when the thawing Arctic tundra is creating massive craters and bringing back diseases like anthrax.
Even when we question the personal impacts of modern technology, how many of us consider how our dependence on technology might be harming us? Or question the belief that technological advances will save us from our most pressing environmental and societal challenges? Richard Heinberg tackles this thorny issue in this brilliant essay and animation feature.
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.
CarbonBrief reports: On the roof of a waste incinerator outside Zurich, the Swiss firm Climeworks has built the world’s first commercial plant to suck CO2 directly from the air. They claim that their direct air capture process –a technology often considered too expensive– aims to capture 1% of global CO2 emissions each year by 2025.
From Scroll.in: Honeybees, which play a vital role in pollinating food crops, are declining at an alarming rate in India. It is not just pesticides that are contributing to their decline. Ironically, it might be the very efforts to promote bees in India that could be leading to a further decline in their diversity and prevalence.
Joe Brewer writes: There is a reason only 5 men have the same aggregate wealth as half the human population. And that the Earth’s climate is ramping up for a phase transition that threatens our entire civilization. It’s because the 500 year old Global Architecture of Wealth Extraction is designed to produce exactly these outcomes.
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 The Guardian: In 2006, former U.S. Vice-President Al Gore triggered a worldwide debate about climate change with his Oscar-winning documentary, An Inconvenient Truth. Now, he’s back with a rousing follow-up for the age of climate change denial under Trump. Fellow climate champion and U.S. presidential candidate Bernie Sanders recently discussed the film with Gore.
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.
From Chronicle.com: In his new book, The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century, Stanford University professor Walter Scheidel puts forth the following thesis: that historically, it took four kinds of violent ruptures –mass-mobilization warfare, transformative revolution, state failure, and lethal pandemics– to reduce widespread inequality.
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.
It is not often that an article about climate change becomes the most hotly debated item on the internet. But David Wallace-Wells’ lengthy essay published in New York Magazine did exactly that. The full text of the essay –admittedly a worst-case scenario- which has kicked up a firestorm of debate online, along with selected responses.
From The Independent: Scientists warn in a new study that Earth is undergoing a sixth mass extinction that’s “more severe than perceived.” Not only that, human activity —including pollution, deforestation, overpopulation, poaching, warming oceans and extreme weather events tied to climate change— is to blame for this massive loss in biodiversity, according to the analysis.
The Washington Post reports: Scientists have announced that a much-anticipated break at the Larsen C ice shelf in Antarctica has occurred, unleashing a massive iceberg that is more than 2,200 square miles in area and weighs a trillion tons. Also, Nagraj Adve on why India must heed the cracking of this Haryana-sized Antarctic ice shelf.
From Common Dreams: Humanity has just three years left to drastically reduce greenhouse gas emissions before risking a climate-safe world. After roughly 1°C of global warming driven by human activity, ice sheets are melting, summer sea ice is disappearing in the Arctic and coral reefs dying from heat stress— entire ecosystems are starting to collapse.