Friday, April 11, 2014

Hazel Henderson's newest book "Mapping the Transition to the Solar Age - from Economism to Earth Systems Science"

An Excerpt from Hazel's latest book which is available as a PDF.

"Towards the Green Economy: Clearly the transition to the green economy is already underway but will be highly disruptive to the industrial sectors and massive global apparatus of the fossil fuel and nuclear era. Many companies based on nineteenth and twentieth century technologies will go under and jobs will be lost. Bridging strategies using natural gas are already highly contested due to their huge water-use, polluted residues, methane release and other problems."

"A study by Cornell and Stanford University scientists outlines a plan for ‘A Fossil Fuel-Free New York State by 2050’ which omits shale gas due to its much higher than advertised methane emissions.24 The consensus reached at Rio+20, G-20 in Mexico and other summits in 2012 included the OECD Global Green Growth Institute, the Knowledge Platform, and 68 global financial institutions. NGOs and governments affirmed commitments to using natural resources in their capital accounting.25 In addition, the $5.2tn of private investments since 2007 tracked in Ethical Markets’ Green Transition Scoreboard® attest to the huge shifts now in the pipeline."

"While renewable energy stocks suffered from their opposition’s media attacks, contrarians saw opportunities. US investor Warren Buffet’s MidAmerica Renewables investments reached $13.5bn, and the US Department of Defense is now the single most important driver of the cleantech revolution in the USA.26 In 2012 and 2013, nature provided ample evidence of the massive CO2 emissions’ effect in ocean warming and driving unprecedented weather conditions worldwide: floods, droughts, fires, tornadoes, heat waves, all causing huge losses and insurance costs." "This paper is an attempt to contextualise all these phenomena and explore the future: the new planetary awareness driving these paradigm shifts as we humans ‘connect the dots’. This knowledge explosion is now challenging our cultural beliefs about money, wealth, scarcity, abundance and transcending financial models derived from obsolete economics, led in many countries by younger generations connected by social media. The new multi-disciplinary models and metrics reassure us that in moving beyond economics and GDP we will not be flying blind but moving to the many earth systems science models (including those from NASA28) and data from many scientific fields which this paper explores."