Obviously, the COVID-19 outbreak has shown us the impacts of massive shifts in our society at the hands of natural phenomena. We have used the same economic arguments (we must keep the status quo economy going) to justify inaction (or even potentially negative action) in response to the outbreak that we have used to justify federal inaction on climate (we must keep the status quit economy going!!). If we are willing to maintain a decaying economy over addressing these catastrophic events, then we need an new economics.
All 3 threats are real and growing, but none is insurmountable. Retreat, rebuild, resilience are the immediate actions that come to mind. The climate change "tsunami" poses biggest threat, but we can lessen the harm if we adapt and aggressively decarbonize the economy now.
Obviously, the COVID-19 outbreak has shown us the impacts of massive shifts in our society at the hands of natural phenomena. We have used the same economic arguments (we must keep the status quo economy going) to justify inaction (or even potentially negative action) in response to the outbreak that we have used to justify federal inaction on climate (we must keep the status quit economy going!!). If we are willing to maintain a decaying economy over addressing these catastrophic events, then we need an new economics.
All 3 threats are real and growing, but none is insurmountable. Retreat, rebuild, resilience are the immediate actions that come to mind. The climate change "tsunami" poses biggest threat, but we can lessen the harm if we adapt and aggressively decarbonize the economy now.