'Mindless growth': Robust scientific case for degrowth is stronger every day
Vast majority of new income from GDP growth goes straight to the very richest.
Mon, Sep 9, 2019, 01:32
Jason Hickel
Once confined to the small scientific community of climate researchers and ecological economists, the idea of degrowth is now blazing into the mainstream. Not surprisingly, people are trying to figure out what to make of it. Is it an inspiring idea that points the way to a better economy? Or is it a mad notion thats sure to plunge us all into poverty?
Degrowth is a planned reduction of total energy and material use to bring the economy in line with planetary boundaries, while improving peoples lives by distributing income and resources more fairly.
The scientific case for degrowth is robust, and gets stronger every day. We know that high-income nations including Britain and Ireland must make dramatic and very rapid reductions to their emissions in order to avert dangerous climate breakdown, cutting carbon at a rate of about 15 per cent per year. This will require a massive mobilisation to roll out all the solar panels, wind turbines and nuclear power stations we need to get to net zero.
But theres a problem. Because high-income nations consume so much energy, it may not be feasible to generate renewables quickly enough to stay within a fast-shrinking carbon budget. According to climate researchers, the only way to make it work is to reduce total energy use.
More:
https://www.irishtimes.com/opinion/mindless-growth-robust-scientific-case-for-degrowth-is-stronger-every-day-1.4011495