The Political Economy of Climate Change
-
Upload
jeremy-williams -
Category
Business
-
view
1.042 -
download
7
Transcript of The Political Economy of Climate Change
![Page 1: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/1.jpg)
The Political Economy of Climate Change
Professor Jeremy B Williamswww.jeremybwilliams.net
4 October 2009
![Page 2: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/2.jpg)
2
Overview
1) Why some believe there is no need to worry about climate change
2) Why we should worry about climate change3) What needs to be done4) Reasons to be cheerful5) Summary and conclusions
![Page 3: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/3.jpg)
3
1) WHY SOME BELIEVE THERE IS NO NEED TO WORRY ABOUT CLIMATE CHANGE
![Page 4: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/4.jpg)
4
© Jeremy B. Williams 2007
1.Doubts about the science
![Page 5: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/5.jpg)
5
© Jeremy B. Williams 2007
![Page 6: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/6.jpg)
6
Image source: healthandenergy.com/global_warming_cartoons.htm
![Page 7: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/7.jpg)
7
2.We will inventour way outof trouble
![Page 8: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/8.jpg)
8
© Jeremy B. Williams 2007
3.Think abouttoday not the
future
![Page 9: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/9.jpg)
9
A concern for the future
“I conceive that land belongs to a vast family of which many are dead, few are living, and countless members are unborn”.
Kwame Nkrumah (1909-72) Ghanaian leader
![Page 10: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/10.jpg)
10
1.Doubts about the science
3.Think abouttoday not the
future
2.We will inventour way outof trouble
Bordering on the absurd
Ignores precautionary principle
Unethical
![Page 11: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/11.jpg)
11
2) WHY WE SHOULD WORRY ABOUT CLIMATE CHANGE
![Page 12: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/12.jpg)
12
© Jeremy B. Williams 2007
![Page 13: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/13.jpg)
13
![Page 14: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/14.jpg)
14
![Page 15: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/15.jpg)
15
The Stern Review, October 2006
On climate change:“The greatest market failure the world has ever seen”
Sir Nicholas Stern
![Page 16: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/16.jpg)
16
IPCC Fourth Assessment Report
February, 2007: Evidence of Human-caused Global Warming is ... “Unequivocal”
![Page 17: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/17.jpg)
17
![Page 18: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/18.jpg)
18
“Climate change will not be a major issue in my life time.”
A. Strongly disagree
B. DisagreeC. Note sure D. AgreeE. Strongly agree1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40
41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
![Page 19: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/19.jpg)
19
2005: CO2 = 379ppm
![Page 20: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/20.jpg)
20
Source: http://www.21school.ox.ac.uk/news/archive/200702_inaugural_lecture.cfm
![Page 21: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/21.jpg)
21
Source: http://www.21school.ox.ac.uk/news/archive/200702_inaugural_lecture.cfm
![Page 22: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/22.jpg)
22
Upsala Glacier, Argentina
1928
2004
![Page 23: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/23.jpg)
23
Blomstrandbreen Glacier, Norway
1922
![Page 24: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/24.jpg)
24
Blomstrandbreen Glacier, Norway
2002
![Page 25: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/25.jpg)
25
The Imja Glacier, Himalayas
![Page 26: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/26.jpg)
26
The Imja Glacier, Himalayas
![Page 27: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/27.jpg)
27
Why this is a big deal …Glaciers in the Himalayas are receding faster
than in any other part of the worldAt the present rate of retreat, they may be
gone by 2035More than 2 billion people - a third of the
world's population - rely on the Himalayas for their water
Ref: www.greenpeace.org
![Page 28: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/28.jpg)
28
© Jeremy B. Williams 2007
Guandong, China, July 2006
![Page 29: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/29.jpg)
29
© Jeremy B. Williams 2007
Anhui Province, China, August 2006
![Page 30: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/30.jpg)
30
Forced migrations
2005: UN study reveals that there could be as many as 50 million environmental refugees around the world by the end of the decade.
Same study estimates that as many as 100 million people live in areas that are below sea level or liable to storm surge
![Page 31: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/31.jpg)
31
![Page 32: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/32.jpg)
32
1 metre sea level rise will inundate more than 15 percent of Bangladesh, displacing more than 13 million people
![Page 33: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/33.jpg)
33
Annual carbon dioxide emissions
Bangladesh: 172kg per capitaUnited States: 21 tonnes per capita
![Page 34: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/34.jpg)
34
The ecological footprint concept
How many planets would we need if everyone lived like you?
http://www.myfootprint.org
![Page 35: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/35.jpg)
35
![Page 36: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/36.jpg)
36
Calculating the ecological footprint
Image source: http://www.ew.govt.nz
Official statistics on consumption are used to calculate the amount of biologically productive land and water area required to produce the resources consumed and to absorb the wastes generated using prevailing technology
![Page 37: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/37.jpg)
37
Image source: http://www.footprintnetwork.org/
![Page 38: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/38.jpg)
38
Worldwide, there exists about 1.9 biologically productive global hectares per person
Image source: www.adbusters.org
![Page 39: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/39.jpg)
39
At what stage do you think humankind will outstrip its supply of biologically productive hectares?
A. 2010B. 2020C. 2050D. 2100E. No answer
![Page 40: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/40.jpg)
40
Image source: http://www.footprintnetwork.org/
![Page 41: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/41.jpg)
41
Image source: http://www.footprintnetwork.org/
![Page 42: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/42.jpg)
42
Image source: http://www.footprintnetwork.org/
China
![Page 43: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/43.jpg)
43
3) WHAT NEEDS TO BE DONE
![Page 44: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/44.jpg)
44
“The Virgin Earth Challenge”… USD25 million prize if you can develop “a commercially viable design which results in the removal of anthropogenic, atmospheric greenhouse gases so as to contribute materially to the stability of Earth’s climate”.
![Page 45: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/45.jpg)
45
This design does not qualify apparently …
![Page 46: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/46.jpg)
46
Marine cloud whitening?
![Page 47: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/47.jpg)
47
![Page 48: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/48.jpg)
48
The world’s largest per capita carbon emitter …
![Page 49: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/49.jpg)
49
… needs an emissions trading scheme
![Page 50: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/50.jpg)
50
Cap and trade
![Page 51: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/51.jpg)
51
![Page 52: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/52.jpg)
52
Creating the next industrial revolution?
Radical resource productivity
Biomimicry
Service and flow economy
Investing in natural capital
See, also by Paul Hawken, (1994) The Ecology of Commerce
www.naturalcapitalism.org
Paul Hawken, Amory and L. Hunter Lovins propose 4 central strategies of natural capitalism:
![Page 53: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/53.jpg)
53
Radical resource productivity
Using resources more efficiently in ways that can already be achieved; e.g. process redesign (disembodied technical change) or energy efficient buildings, passive solar heating.
![Page 54: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/54.jpg)
54
Research biomimicry
Spider silk Abalone shell
Stenocara beetle
![Page 55: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/55.jpg)
55
Reorient to a service and flow economy
Focuses more on selling and purchasing services rather than products
Makes manufacturers more ecologically responsible
![Page 56: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/56.jpg)
56
Invest in natural capital
![Page 57: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/57.jpg)
57
4) REASONS TO BE CHEERFUL
![Page 58: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/58.jpg)
58
![Page 59: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/59.jpg)
59
![Page 60: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/60.jpg)
60
![Page 61: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/61.jpg)
61
![Page 62: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/62.jpg)
62
![Page 63: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/63.jpg)
63
The process of creative destruction
Describes the process of industrial transformation that accompanies radical innovation
Innovation sustains long-term economic prosperity, even as it destroys the value of established companies
Professor Joseph Schumpeter
1883-1950
![Page 64: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/64.jpg)
64
5) SUMMARY & CONCLUSIONS
![Page 65: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/65.jpg)
65
"The era of procrastination, of half-measures, of soothing, and baffling expedience of delays is coming to a close. In its place, we are coming to a period of consequences".
Winston Churchill(cited in An Inconvenient Truth)
![Page 66: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/66.jpg)
66
The role of government
Unfortunately, governments are often motivated by the political cycle
For this reason, command-and-control solutions are not expedient
At the very least, governments need to provide the legislative framework to change behaviour; e.g. ecological tax reform
![Page 67: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/67.jpg)
67
The role of business
Business is more dynamic than governmentThere is a competitive advantage to be
gained from developing a business strategy based on sustainable development
Supply-side: reduce costsDemand-side: attract environmentally-
conscious customers
![Page 68: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/68.jpg)
68
The role of the individualTime to have a rethink
![Page 69: The Political Economy of Climate Change](https://reader035.fdocuments.in/reader035/viewer/2022062515/55d507e2bb61eb374d8b45dc/html5/thumbnails/69.jpg)
69
Questions and comments please
...
jeremybwilliams.wordpress.com
jeremybwilliams
sdca.wordpress.com