Insight and inspiration in turbulent times.
Chris Nelder In this lagniappe episode, we ask: what are some unanswered questions about the energy transition from five years ago, but that seem answered today? And what are the new questions that have emerged over the past five years which remain unanswered today?
There is one major distinction between the coronavirus and climate change. The coronavirus may, in time, level off, after a record number of deaths and a body blow to our economy. But the effects of climate change are not reversible.
It’s much easier to teach students how to shift curves, solve equations, and run regressions, than to carefully observe economic life and think deeply and critically about it. Students also tend to feel comfortable – and even feel powerful – when told “here, we are handing you the exact tools and models you need to use to understand how the economy works.”
We should have listened to Lynn Margulis more. For one, she did offer a solution to the “what is life?” dilemma: life is not a thing, it’s a process. Indeed, what does an organism do? It grows. What for? To grow more.
One can only hope that this wave of newbie gardeners carries on regardless, once we emerge from this crisis, blinking into the brave new greener world ahead of us.
Replenishing and protecting the world’s soil carbon stores could help to offset up to 5.5bn tonnes of greenhouse gases every year, a study finds.
This is just under the current annual emissions of the US, the world’s second largest polluter after China.
The coronavirus may not, in retrospect, prove to be the tipping point that upends human civilization as we know it, but it should serve as a warning that we will experience ever more such events in the future as the world heats up.
We make decisions, not on known outcomes but on imagined projections standing on theories of how things work. These projections have an ethical range called the ‘planning horizon.’ The better we understand the world the broader the reach of our anticipations. Conscience serves to measure how well we encompass social effects.
So I have decided to do something counterintuitive, and write a blog that I really hope you won’t read, because its intention is that that you might instead use the time you would have spent reading it to close your laptop screen and go and do something else instead.
Now that we’ve patted ourselves down to check for wounds to our wallets or cupboards or health, I challenge us to plant the question in our hearts – who isn’t safe, needs support, needs allies – and see what grows.
Who will you be on the other side of this?
This manifesto is an intervention by a Europe-wide group of academics – the foundational economy collective – who have for several years in books and articles argued that policy makers need to balance concern with jobs and wages with more attention to essential goods and services like housing, food, utility supply, health, education and care.
It was a volatile week as the world’s major oil producers struggled to find a way to raise prices from ruinous levels as the global consumption of oil sank by about a third from pre-virus levels.
