A global basic income, funded from commons-based revenue including the revenue from CapGlobalCarbon, could help to heal the divisions that are currently plaguing us. By Caroline Whyte.
David Knight considers four possible reasons for divestment from fossil fuels. He concludes that divestment can help to bring about changes needed to tackle the negative impacts of fossil fuel production and use, but it cannot substitute for concerted and rigorous action at international and national governmental levels to keep fossil fuels in the ground.
Brian Davey presents evidence that the peaking of conventional 'legacy' oil production back in 2005, and its subsequent decline, is inexorably leading to a transfer of resources from discretionary consumption to investment in energy infrastructure throughout the industrialised world. He believes that there is no way out of the Catch 22 within the growth economy model and that this is why de-growth is needed.
We find the latest IPCC report's emphasis on climate as a "global commons problem" helpful and constructive. However, the economy must break its dependency on GDP growth in order to achieve emissions reduction without economic collapse. Fortunately the potential exists for significant co-benefits from climate mitigation, including poverty alleviation and reduced inequality. Grassroots legal action could help give teeth to the international institutions needed for cooperation.
The 30 Greenpeace activists who were initially charged with piracy after boarding a Russian ship in the Arctic in order to protest oil drilling are now facing a charge of hooliganism instead. But what if the case really does involve piracy - or worse?
With economism functioning as a foundational religion underpinning the general orientation of market based society, it is incredibly unsettling to the faithful to hear the message of climate science because it implies that the free market does not, after all, automatically deliver collective well being. A third extract from Brian Davey's book Credo.