‘The obsession with endless growth can only end in tears’: your questions on extreme weather this summer answered
Quite insightful. If only more people would read this.
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Desenrasco asked: How scared should I be about wildfires?
To consider it in the bluntest of terms, wildfires kill surprisingly few people: perhaps hundreds around the world each year, compared to thousands from floods and hundreds of thousands from heatwaves. That is, of course, of little comfort to the people across Spain and France returning to burned-out homes, or to the families of firefighters, locals and tourists who have died in the past few weeks. But what scares me far more is the smoke. Recent studies peg the global death toll from wildfire smoke at 1.5 million people per year. The wildfire season in Canada three years ago was so bad, one study found, that more than 80,000 people died from smoke inhalation – and 20,000 of them were in Europe, as winds carried the pollution over the Atlantic.
Ugh, no.
What’s scariest is the amount of carbon they’re putting in the atmosphere. And how these extreme fires cause thunderstorms that genereate lightning strikes that perpetuate the fire, dumping even more carbon in the atmosphere.
The positive feedback loop’s long term death toll is much scarier than just tens of thousands of people dying in Europe this summer.
And how these extreme fires cause thunderstorms that genereate lightning strikes that perpetuate the fire,
This summer I learned, scary shit.
Ajit: More than anything else, I would challenge anyone who feels hopeless to be specific about what’s troubling them. This is obviously easier said than done, but if you take a couple of hours to write down what it is that scares you about climate breakdown, what makes you angry, and what leaves you feeling hopeless, the fears become (hopefully) easier to confront.
In my case, reporting on the climate has made me way less worried about some problems and way more worried about others. In terms of hope, I am, perhaps unpopularly, a firm believer in the idea that we have far more agency than anyone around me seems to realise (with the exception of a handful of scientists). Too many people my age claim a powerlessness that is not backed up by data. Sure, your ability to replace a coal plant with a wind turbine may be limited (it’s still not nothing, if you live in a democracy) but you have power over what you eat, how you get around, how much you buy.
Many people say something like: “I am only one of 83,000,000 Germans, what I do has no effect.”
But this is untrue. Consider these three things:
We know perfectly well that this kind of arguments does not hold water for collective matters. Nobody can say “If I do not pay taxes, it does nor matter, I am only one if 83,000,000 citizens.”
Second, if you put 83,000,000 as a divisor of your effectivity, you absolutely need to be honest and also consider the numerator of that fraction: Your carbon emissions affect directly each of the 8,300,000,000 habitants of earth. Every kilogram of CO2 which your car emits affects that many people. This is a big multiplicator!
Third, Germany for example is part of the third most powrful economic bloc, within it it is the economical most powerful country, and it is currently the only fully democratic bloc where citizens have the ultimaye power what happens.
There is often the argument that individuals cannot change things, but change needs to come from goverments. But while we of course and absolutely need goverment action, individuals do have a big influence on collectives. Here as well, honesty is required: If you are against slavery, why would you continue to keep slaves? Because of convenience? Is this a convincing argument?
The ethics of this sitiation had been clearly laid out in 1783, in the age of enlightenment by the philosopher Immanuel Kant, it is the Categorical Imperative. It states:
Act only according to that maxim whereby you can at the same time will that it should become a universal law.
And, if we had a goverment that truly cares about climate change, would not be one of its first actions be to discourage and disallow e.g. needless privste flying to zero? Why do we need a fricking goverment to tell us what is rational and right to do, and what we already know? As an adult, do you still ask your primary school teacher for permission to go out of the room to pee?
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Many people say something like: “I am only one of 83,000,000 Germans, what I do has no effect.”
But this is untrue. Consider these three things:
We know perfectly well that this kind of arguments does not hold water for collective matters. Nobody can say “If I do not pay taxes, it does nor matter, I am only one if 83,000,000 citizens.”
Second, if you put 83,000,000 as a divisor of your effectivity, you absolutely need to be honest and also consider the numerator of that fraction: Your carbon emissions affect directly each of the 8,300,000,000 habitants of earth. Every kilogram of CO2 which your car emits affects that many people. This is a big multiplicator!
Third, Germany for example is part of the third most powrful economic bloc, within it it is the economical most powerful country, and it is currently the only fully democratic bloc where citizens have the ultimaye power what happens.
There is often the argument that individuals cannot change things, but change needs to come from goverments. But while we of course and absolutely need goverment action, individuals do have a big influence on collectives. Here as well, honesty is required: If you are against slavery, why would you continue to keep slaves? Because of convenience? Is this a convincing argument?
The ethics of this sitiation had been clearly laid out in 1783, in the age of enlightenment by the philosopher Immanuel Kant, it is the Categorical Imperative. It states:
And, if we had a goverment that truly cares about climate change, would not be one of its first actions be to discourage and disallow e.g. needless privste flying to zero? Why do we need a fricking goverment to tell us what is rational and right to do, and what we already know? As an adult, do you still ask your primary school teacher for permission to go out of the room to pee?
Meanwhile deep value stocks with 50+ percent margins barely attract any money. Just look at mining sector - we supposedly want so called green transformation but investors behave like mining is about to get bankrupt. My question is - where are we going to get all metal needed for these turbines, panels and EV? Not to mention replacing stockpiles of ammo sent to Ukrainians. And there is electrification of large portions of Africa and Asia. Yes, still about 1 billion of people have no access to electricity and about 2 live in energy poverty. Recycling is not going to cover needs for metal.
Ask yourself are elites buying mining stocks while retails sleeps invested in overpriced AI and tech stocks? Who is going to be their exit liquidity?
’Our’ questions:
What do you mean “obsession”? How does one have an economy based on competition for profits and not have it pursue endless growth? This isn’t a this or that person or group’s obsession, it’s baked into the system’s structure.
I find degrowth unconvincing. People find inflation untenable, what would happen if that was desired outcome of policy?
The current system desires inflation of 2% or so.
The thing is that much of economics is basically just about shuffling imaginary money into billionaire pockets. Without those leeches, the economy can be quite a bit smaller while the masses get wealthier, not poorer.