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economic growth

Vaclav Smil: ‘Growth must end. Our economist friends don’t realise that’

Over more than 40 years, Vaclav Smil has grown in influence, and is now seen as one of the world’s foremost thinkers and a master of statistical analysis. Bill Gates says he waits for new Smil books the way others wait for the next Star Wars movie. Smil’s latest is Growth: From Microorganisms to Megacities.

From Andhra to Kashmir – The Return of the East India Companies

From Great Game India: At least two of the Big Four global corporate consultancies are reported to be directly involved in the big-ticket Kashmir Development Plan – Ernst & Young and PricewaterhouseCoopers. A pilot project was initiated in 2017 for the creation of a ‘Model Village’ in Kathua, Kashmir, based on a blueprint by PricewaterhouseCoopers

Andrew Simms: Economics is doing great harm – so let’s rethink it

From The Guardian: Roasted by heatwaves, this year the world went into ecological overshoot on 29 July, the earliest yet. Unless we begin again with economics, understanding and letting go what has gone wrong, one day soon everything will have fallen apart and nobody will quite know why. But the answer will be: it was the economy, stupid.

Climate change: 12 years to save the planet? Make that 18 months

From BBC: “The climate math is brutally clear: While the world can’t be healed within the next few years, it may be fatally wounded by negligence until 2020,” said Hans Joachim Schellnhuber, founder of the Potsdam Climate Institute. The sense is that the end of next year is the last chance saloon for climate change.

The terrifying implications of India’s elections for people and the planet

Basav Sen, director, Climate Policy Project, writes: The Modi government’s far right bigotry is well known, but its equally disturbing environmental record isn’t. While indigenous peoples and other rural populations have borne the brunt of the Indian state’s environmental recklessness, urban populations aren’t faring much better. Half of the 50 most polluted cities worldwide are in India.

NDA 2.0: What it means for India’s environment

From Mongabay: Activists fear dilutions of the green laws and rules against the interests of forest dwellers and tribals would continue unabated. The union environment already has, on its table, an amendment in the Indian Forest Act 1927, revision of the national forest policy and the new set of rules for the environment clearance regime.

Can the economy grow forever?

To keep this kind of growth going, we need to tap more resources, which is beyond the Earth’s capacity. Till now the growth was possible because we thought resources are abundant. But today we know that we will have to experience a serious crisis in the next half century, depending upon how we use resources.

How the Narendra Modi government is diluting green clearance norms

From Down to Earth: It looks like the environmental clearance process is becoming a formality. The quality of assessment, compliance of clearance conditions and the involvement of local community through public hearings are being further weakened. The purpose is to ease the process of obtaining clearances for mega projects like Bharatmala Pariyojana and Sagar Mala.

Dhruv Rathee: Environment is the Modi government’s most under-reported disaster

The UPA government didn’t have a stellar record on environment, but what has happened in past five years is unprecedented. The biggest statistical evidence for this lies in the Environmental Performance Index, where India was ranked the fourth-worst country (177) in the world out of 180 last year. Five years ago, India was ranked 155th.

Thermodynamic Failure: Phase 2

“Most people aren’t paying attention. Most people have no idea what’s going on. Industrial civilization is already having serious health problems and heart palpitations. By 2020, industrial civilization’s going to suffer a massive stroke. By 2025, it will be in hospice. By 2030, it will be dead,” writes the anonymous author of Articulating The Future.

The Nobel Prize for climate catastrophe

Jason Hickel writes: Many people were thrilled when they heard that the Economics Nobel went to William Nordhaus, known for his work on climate change. But many climate scientists and ecologists believe that the failure of the world’s governments to pursue aggressive climate action is in large part due to arguments that Nordhaus has advanced.

Laboratory of Fascism : Capital, labour and environment in Modi’s Gujarat

Rohit Prajapati and Trupti Shah write: We are caught in a false debate, where Narendra Modi, the perpetrator of 2002 carnage is counter-posed with Modi the “development leader”. We call it a false debate, since for us, who have lived and grown in Gujarat, the two aspects are actually the same – that of fascism.

Herman Daly reviews ‘Collision Course: Endless Growth on a Finite Planet’

In this book, Kerryn Higgs traces the rise of economic growth to the status of the number one goal of nations, and how this pernicious idea prevailed over carefully reasoned counter-arguments through well-funded, carefully orchestrated propaganda. Its a kick in the head for those of us who believe in the persuasive power of reasoned argument.

Read: A PIL to protect India’s vital, life-supporting natural resources

The full text of a Public Interest Litigation initiated before the Supreme Court of India, by Akhilesh Chipli and Shankar Sharma, requesting the court to draw firm legal limits on India’s suicidally destructive economic growth during the last three decades, which has led to rapidly deteriorating ecological conditions (air, water, soil, climate) in the country.

The IPCC Special Report on climate change: A dissection

The recent Special Report by the IPCC was widely described as giving a stark warning about risks faced by humanity if climate change is not dealt with urgently. What exactly does this imply, and how reliable is this document? We present analyses by Michael Mann, Richard Heinberg, Ratheesh Pisharody, Adam Markham, Kevin Anderson and Padmini Gopal.

The economics Nobel went to a guy who enabled climate change denial and delay

William Nordhaus’ low-ball estimates of the costs of climate change and high-ball estimates of the costs of containing the threat contributed to a lost decade in the fight against climate change, lending intellectual legitimacy to denial and delay. The IPCC report, released the day Nordhaus got his Nobel, heightens the award’s absurdity, writes Eugene Linden.

David Wallace-Wells: UN says climate genocide is coming. It’s actually worse.

We’re on track for four degrees of warming, more than twice as much as most scientists believe is possible to endure without inflicting climate suffering on hundreds of millions or threatening at least parts of what we call, grandly, “civilization.” The only thing that changed is that the scientists, finally, have hit the panic button.

Why growth can’t be green

Jason Hickel, Foreign Policy: Many policymakers have responded to ecological breakdown by pushing for what has come to be called “green growth.” It sounds like an elegant solution to an otherwise catastrophic problem. There is just one hitch: New evidence suggests that green growth isn’t the panacea everyone hopes for. In fact, it’s not even possible.

Red Alert: India and world hurtling towards financial meltdown

Ten years after the global financial crisis, a debt-fuelled world economy is headed towards another crash, the IMF has warned. With the Rupee at a record low, unemployment at a 20-year high, and 78 of its largest corporations defaulting on massive debts, India’s rapidly emerging as the epicentre of a crisis that could dwarf 2008.

Presenting Narendra Modi, ‘Champion of the Earth’ (Disclaimer: This is not a joke)

To the shock of greens everywhere, Indian PM Modi, whose government has absolutely the worst environmental track record in the country’s history, has been declared a UN “Champion of the Earth”. However, coming from Erik Solheim, the UN environment chief facing a string of corruption allegations himself, this ‘honour’ may not be all that surprising.

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