Climate change and the economy

by frog

After 28 years of doing nothing significant on climate change National and Labour are now positioning the climate and the economy in opposition to each other.  ‘We can’t do anything about the climate now,’ they say, ‘the good times are over and it’s time to bunker down and protect the economy’. Luckily it’s not an either-or choice.

The only way to save the economy is to save the climate with it.  As Johann Hari in The Independent notes:

The Wall Street Crash hadn’t happened for 80 years. The Arctic Crash hasn’t happened for three million years: that’s the last time there was watery emptiness at the top of the world. The Arctic is often described as the canary in the coal mine. As one Arctic researcher put it to me this week: the canary is dead. It’s time to clear the mine, and run.

This isn’t a problem that we can, to quote John Key out of context, ‘put on the backburner’ while we resolve the issues surrounding our share portfolios and family trusts.

But time is exactly what we don’t have. The key to understanding why lies in grasping the difference between a two-degree celcius rise in global temperatures and a three-degree rise. At first glance, neither sounds like a big deal. If you go out for a picnic and the temperature rises by three degrees, you take off your jacket. But if your body heats up one or two degrees, you get sick and take to your bed. If it heats by three degrees and doesn’t go back, you die. The ecosystem isn’t a picnic; it’s more like your body. Small variations in global temperatures have vast consequences. The last Ice Age was only six degrees colder than today. A global rise of just 0.8 degrees has melted the Arctic.

frog says

Published in Economy, Work, & Welfare | Environment & Resource Management by frog on Tue, October 21st, 2008   

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