Month: October 2020
Capitalism Will Ruin the Earth By 2050, Scientists Say
Capitalism is on track to lead the world into mineral shortages and supply bottlenecks that could cut short efforts to decarbonize transport systems, guaranteeing dangerous climate change.
Letting go of growth
On the other hand, the authors find that the only scenario in which the world is able to cut greenhouse gas emissions by 80 percent in the transportation sector by 2050 involves “a radical shift towards light electric vehicles, shift of road freight to electric train, ambitious recycling mineral levels, drastic reductions in the demand for transportation (especially for those more polluting such as aviation) and a significant decrease in overall economic activity.”
All this will require what the authors describe as “a profound change in the dominant economic paradigm”—namely, capitalism. Read More
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