The final paragraph above, along with the fifth paragraph above that, referring to debt, sums up the problems very well. A report by the Potsdam Institute for Climate Impact Research: “Multiple pathways towards sustainable development goals and climate targets” in Environ Res Let (2024) https://dx.doi.org/10.1088/1748-9326/ad80af says that this pathway would further include a reduction of global final energy use per capita of around 40% by 2050, with wealthier countries contributing the largest share to decrease energy inequality (meaning more than 40% reduction). The global North MUST drastically reduce materials throughput. No hay outra camino! And regarding debt, it has been said that there are only two asset classes - property and debt. The attempts by the neoliberals to financialize nature, both seize property by fortress conservation and displacement as well as generating flows of debt which are the tradable instruments in financial markets. Meanwhile, peck by peck, Nature keeps being chipped off this planet to make way for human encroachment and ever-expanding population and consumption. On a finite planet? And you can solve this by throwing more money at it?
The final paragraph above, along with the fifth paragraph above that, referring to debt, sums up the problems very well. A report by the Potsdam Institute for Climate Impact Research: “Multiple pathways towards sustainable development goals and climate targets” in Environ Res Let (2024) https://dx.doi.org/10.1088/1748-9326/ad80af says that this pathway would further include a reduction of global final energy use per capita of around 40% by 2050, with wealthier countries contributing the largest share to decrease energy inequality (meaning more than 40% reduction). The global North MUST drastically reduce materials throughput. No hay outra camino! And regarding debt, it has been said that there are only two asset classes - property and debt. The attempts by the neoliberals to financialize nature, both seize property by fortress conservation and displacement as well as generating flows of debt which are the tradable instruments in financial markets. Meanwhile, peck by peck, Nature keeps being chipped off this planet to make way for human encroachment and ever-expanding population and consumption. On a finite planet? And you can solve this by throwing more money at it?
Clear and brilliant article 👍🏼