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Panel Chapman/Karam/Pajo

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A powerpoint presentation done by Ghassan Karam at the Left Forum 2011 about the failure of green capitalism

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Page 1: The left forum

PanelChapman/Karam/Pajo

Page 2: The left forum

A Failure

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Leopold *Mill Roegen *Malthus Daly *Zizek Naess *Harvey Hardin *Foster Bookchin *Wilson Mumford *Marx Ehrlich *Goodwin Hansen *Lovelock Diamond *Sagoff Speth *Taintter

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Total failure at all levels Deal with superficial only Emphasize symptoms Never go to the root Avoid rocking the boat (teach what is known to be false)

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Net Primary Production 3/9 Planetary boundaries have been breeched Millennium Ecosystem assessment Study. Lovelock /Hansen /Speth projections Peak Oil Fisheries I=f(P,A,T) Water Scarcity Desertification Ecological foot print

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Solution is NOT in ecology itself.

Apply principle of Specificity.

Call for a radical change in structure that created the problem: CAPITALISM

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What is it that we wish to sustain? Intergenerational equity Veil of Ignorance Pareto Optimality Free market cannot guarantee sustainability Allocations always favour the present

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2nd Law of Thermodynamics

The more we do the less we have

Substitutability vs Complimentarity

Simplicity: Is it possible to revert to it?

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Popularized by Daly Given rise to CASSE New Economics Foundation Tim Jackson New Economics Institute Goodwin

Basic premise: Constant human population and constant physical output

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Competition and Tragedy of the Commons New Indulgances (Ex. BAU and organic) Greenwashing (Pretense: Climate Change) Three R’s (Is Recycling the only one compatable

with perpetual growth?) Brown even wrote about a world with no need for

new extracting activities lol. Capitalism, ecological crisis, economic and

financial crisis.

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Growth vs limits Could system be reformed ? (Not if the privileges of

the global elite are maintained) Climate change is the product of a specific

economic system and its negative effects fall primarily on those least responsible for the crisis.

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Green Capitalist( Hawken, Brown, Cairncross, Lovin, Gore…)

Belief to de-couple growth from carbon Efficiency leads to more and not less. De materialization is quite limited Green often creates new problems ( Cut the

amazon to plant sugar cane for organic food stores and farm raised fish; certified wood)

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In Us energy intensity dropped but energy usage increased.

EV vs source for electricity

Prius vs Nickel

60% of car pollution is in production

Clean Energy and base load

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Kyoto failed (Gr. & UK only 2 to meet target) Cap & Trade failed ( because of T. of Commons) Carbon Tax failed (They were kept too low) Can we decrease carbon foot print and use non

conventional oil? Democrats and Republicans (RR, Bush Sr; Bush

Jr ;Clinton and Obama oppose carbon taxes)

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Daily consumption 200 million B. Equivalent Renewables represent 0.6% The above indicates that large cuts are required but

not for Green Capitalists: Sternest 1% cost in UK and Krugman 1.1-3% for US. ( That does not make any sense)

Stern targets 550ppm when Hansen speaks of 350ppm.

550 ppm increase temp. by 3C (That’s where we were 3 million years ago)

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Green Capitalists are dreaming View that Max. exploitation and saving the planet are compatible is a

farce. CEO’s max for shareholders and not the public good. Green Capitalists have been trying for 30 years: Eco system is still

collapsing Their diagnosis is accurate but their prescription is wrong Underestimate severity of eco crisis and overestimate de-materialization They conveniently forget that consumerism is not dispensable. This is a capitalist crisis. It is about mode of production and system

architecture. Capitalist system carries within it the seeds of its own destruction since

growth is not sustainable. Einstein:” Insanity is to do the same thing over and over againbut expecta

different outcome”

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Market based solutions have aggravated the problems:

organic eco architecture bio fuels hybrid cars carbon offsets clean coal

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There is a crisis of capitalism that manifests itself in Econ. Finance and Ecological spheres.

Green Capitalism is for the Environment as long as it can profit from it.

Easterbrook: “What’s in it for me?”

Green Capitalism is the problem and so it cannot be the solution.

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His is an “unquestioned belief that the answers to every human dilemma and desire is a gizmo… the very attitude that gave us Global warming to begin with”

How about abolishing obscene excesses, a modicum of equitable distribution? How about asking whether we are of the same specie , members of the same family and citizens of the same community?

Is there a moral obligation to others?