#greengrowth — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #greengrowth, aggregated by home.social.
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"Capitalist ecomodernist visions require a very rapid and large-scale buildout of zero-carbon energy infrastructure. But, under capitalism, investment and production is organized around whatever is most profitable to capital, rather than what is most necessary for achieving social and ecological goals. This creates a problem for the energy transition, because while renewables are increasingly cheap, fossil fuels are three times more profitable, in large part because they are more conducive to monopoly power (Christophers 2025). So, capital continues to flow to fossil fuels and we get inadequate investments in clean energy. In recent months, several major financial firms have abandoned their low-carbon investments because they are not profitable enough. In other words, ecomodernism’s commitment to capitalism ultimately works against its ecological objectives. This may help explain why ecomodernists tend to promote nuclear power, because an energy grid dominated by capital-intensive forms of energy production with high barriers to entry is more likely to be profitable.
The green transition ultimately cannot be left in the hands of capital. It will require substantial public finance, public works, industrial policy and planning in order to build out necessary renewable energy capacity, as well as to undertake other low-profit or zero-profit activities such as expanding public transit, insulating buildings, and regenerating ecosystems. Furthermore, increasing these activities cannot be done while national productive capacities are already maxed out by capitalist production. It will necessarily require scaling down less-necessary production, to liberate labour, engineers, resources etc to be remobilized for this purpose. Here too, this is not something that can be achieved within capitalism. Capital will not voluntarily scale down profitable forms of production."
#Ecomodernism #Ecosocialism #GreenGrowth #Capitalism #GreenTransition
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COP30, das Weltklima und die zuversichtlichen, hoffnungsvollen Aussichten und Entwicklungen
https://www.youtube.com/watch?v=p2nrM-Y3hl0
#CO2 #Emission #ReboundEffect #China #Klimakonferenz #Klimakonferenzen #Belém #Studien #Prognosen #Prognosnis #ClimateChange #ClimateAction #Renewables #ReboundEffekt #Innovation #Energieverbrauch #Decoupling #GreenGrowth #Steigend #Rising #KI #AI #ArtificialIntelligence #Streaming #AirConditioning #ClimateCrisis #Consumption #Belém #IAE #Realism #Realismus #Future #Politics
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Ecomodernists, the true believers in human ingenuity and technology. They "write with the conviction that knowledge and technology, applied with wisdom, might allow for a good, or even great, Anthropocene." Is that a new type of denialism, painted green?