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."
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