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Showing posts with the label climate

Green Ambitions, Stalling Reality: Can the Market Deliver Clean Energy?

  Soaring renewable energy installations masked a harsh truth in 2023: the clean energy transition is faltering. Fossil fuel use continues to climb, with China shouldering most of the renewables burden. China's secret? State-owned companies prioritise national goals over profit, driving massive clean energy projects. The West, reliant on profit-driven private enterprise, struggles. Renewable energy offers modest returns, a stark contrast to traditional energy sources. Intense competition further squeezes profits. Subsidies keep the West's renewables afloat, but don't guarantee strong profits. As the Earth heats inexorably, Governments face a stark choice: accept the failure of the free market for clean energy, or embrace climate catastrophe

Reimagining Progress: Beyond Growth

  Progress has been a simple equation: economic growth measured by GDP. The endless upward climb promised solutions to everything from poverty to pollution. But the reality hasn't lived up to the promise. It's time to redefine progress before the changing climate becomes irreversible. The Allure of Growth Growth is appealing. We see it in thriving gardens and children reaching their full potential. No wonder we embraced it as the economic ideal, adopting the "more is better" mantra. Yet, nature teaches us that endless growth is unsustainable. Everything eventually reaches maturity, focusing on health and well-being rather than constant expansion. As Janine Benyus, a pioneer in biomimicry , reminds us, trees prioritise distributing resources to their entire being, stopping growth once that function is compromised. The Growth Addiction Cheap fossil fuels in the 20th century fueled rapid growth, which became ingrained in our economic systems. This has led to policies –