#carbonpricing — Public Fediverse posts

Chartbook Carbon Notes 9 Slouching towards a 2 Degree-Plus World

ADAM TOOZE
DEC 10, 2023

"In struggling to comprehend the multi-faceted global climate crisis, we need to distinguish two separate historical developments that are currently unfolding side by side.

One is the beginning of a comprehensive, though uneven process of technological change that will eventually transform a large part of the world’s energy systems. In a commonplace, though misleading shorthand we refer to this as the “energy transition”. This “transition” is driven by policy, technology and economic impulses. It was originally fired by climate concerns, but has now taken on a life of its own under the slogan of green industrial policy or green energy geopolitics.

The second trend, no less undeniable, is the escalating environmental disaster and the fact that the energy transition that is now underway is nowhere near large, fast or focused enough to deliver what was was originally promised, i.e. comprehensive decarbonization and climate stabilization. [...]"

https://adamtooze.substack.com/p/chartbook-carbon-notes-9-slouching

#climatechange #ClimateJustice #ClimateReparations #globalwarming #fossilfuels #carbonpricing