"Do politicians understand just how difficult it could be, just how devastating rises of 4C, 5C or 6C could be? I think, not yet," Lord Stern shared with a group of scientists gathered in Copenhagen after which he went on to warn that the risk associated with governments not adequately addressing climate change in time to avert the brunt of the disaster would lead to horrendous consequences. According to him, these involve risking at least a third of the world's aggregate wealth, including a minimum of a thirty percent reduction in consumption per person worldwide or, put another way, global GDP would drop to at least 70 percent of current output. [3]
Meanwhile, the mainstream media (MSM) in the United States reveals little information about the degree that the public must radically change lifestyle habits and expectations for economic growth. Little is mentioned about the degree that climate change could have catastrophic impacts across the globe and no government or business leaders are suggesting that reduced consumption of material goods, delimitations in fossil fuel use and other major changes should be carried out very soon. Likewise, none are encouraging ecologically friendly, self-sustaining, financially vibrant communities to be strengthened, nor hinting that transnational patterns of commerce drain dollars out of the country.
In a similar vein, none indicate that these very same globalized patterns that enrich corporate tycoons exacerbate our reliance on fossil fuels due to long distance transportation of raw materials and finished products, as well as the extraordinary amounts of energy used in a massive production of lots of unnecessary merchandise. Obviously, their doing so would be run counter to their extraordinary financial gains at the expense of the poorly paid, everyday work force.
So instead, we have "a business as usual" mentality shoveled forth with bailouts for major commercial organizations, policies to purchase cars subsidized by the federal government, happy-go-lucky TV programs that focus on trivial topics and plenty of advertisements informing the populace that it ought to purchase this or that item to have the latest look in fall fashion, the best anti-aging formula or whatever else for which doing so will, obviously, raise one's personal carbon and overall ecological footprints in most instances.
At the same time, one can assume that there are no immediate plans to direct society into a pattern of living that is regionally self-reliant (so as to avoid carbon footprints from imports derived from other areas) and restricted in terms of the types of goods available from distant locations. In light of the financial recession and the desire for ever more economic growth based on further globalization of transnational industry and fossil fuel use, quite the opposite pattern is emerging despite the disastrous implications in terms of our breaching climate change tipping points, and the fact that, at some point, fossil fuels, themselves, will no longer be available.
On account, a wise program would be to jumpstart an all out effort to put the means for alternative benign energy sources into place while using the larger portion of fossil fuels to build and install these alternatives across the landscape, as well as help communities to transition away from fossil fuel use altogether. Without a doubt, this would especially be positive in light of the fact that almost 71 percent of electricity in the U.S. is currently supplied by fossil fuels while modern agriculture, industry and transportation all have petroleum at their cores.
Meanwhile the largely consensual opinion reached at the annual conference of the U.S. contingent for the Association for the Study of Peak Oil (ASPO-USA) is that conventional crude peaked in 2005. Further, biofuels are not expected to be any sort of panacea to make up for pending large-scale oil deficits. [4]
Despite the increasing number of indicators that humanity needs to change course in its fossil fuel use, the policy makers sit in their safe government offices planning new dangerous military operations for others to conduct in resource rich regions abroad regardless of the fact that the death toll is rising in these invasions and it seems highly unlikely that the Taliban or any other groups defending their homelands will be easily defeated if at all despite that ever more Pentagon funding is provided toward that aim.
Added up, the expenses to contain Iran, strive to obtain Venezuelan and newly found Cuban oil, fight for arctic fossil fuels, carry out Afghanistan and Pakistan operations, and ramp up covert or military operations via AFRICOM in Africa all together create a recipe for extreme U.S. bankruptcy and assorted other disasters. At the same time, the U.S. undertaking such endeavors merely postpone the inevitable fossil fuel shortfall, anyway, while not ensuring that the country and its citizens are prepared for the huge transition away from fossil fuels. In addition, such ever enlarging, Pentagon run ventures entail an inordinate amount of national sacrifice as money that could be used to support programs at home drains into war costs and the military's ramped up fossil fuel use.
In relation, is there any question whatsoever as to the reason that there are proposals for greatly diminished funding of certain key social programs, including ones connected to healthcare and public education, in the homeland? How could outcomes be otherwise when 54 percent of every U.S. federal tax dollar goes to plans related to the U.S. military and another 19 percent goes to interest payments on the current federal debt, which leaves 27 percent for all other provisions (excluding the further sums to be borrowed to fund costly bailouts, war expansion plans, etc). Accordingly, the federal budget is at present almost twice the amount taken in from American taxpayers -- an irresponsible and disastrous state of affairs with dire repercussions for many years ahead.
In addition, it's difficult to imagine that, starting with Reagan, U.S. Presidents did not see the long term ramifications in their push for:
- Deregulated globalized U.S. industry, which led into greater oil use due to greater reliance on importation, along with offshoring and outsourcing of U.S. jobs so as to effectively hollow out the economic base at home and harm the average American worker. Ultimately financial contraction in the U.S. and tangentially abroad could be the only anticipated outcome.
- A lack in adequate oversight of Wall Street activities and the banking industry.
- An ever enlarging, expensive war program for obtainment of fossil fuels and other finite resources.
- Ratification of many other destructive patterns, such as the huge repeated government bailouts, and acceptance of costly no bid contracts in response to various Pentagon requests.
Just where did they think that such a set of irresponsible
orientations would ultimately lead? Could none of them see the
consequences, such as the federal deficit reaching a record $1.42
Trillion, representing 10 percent of the economy or the highest amount
since W.W. II, along with continuing to rapidly shoot upward? [5]
It's hard to imagine that they were all of them so ignorant,
nefarious or outright stupid so as to not see where their intended
trajectories would in combination land, especially when the speed with
which rapidly diminishing oil reserves would disappear is thrown into
the mix. Likewise, the quest for unbridled economic growth is equally
if not ever more calamitous when the long view's taken.
It's simply not supportable, as Michael Bond points out in these three sections from "Why Economic Growth Is Unsustainable":
The present economy is obliged to grow annually at between 3% and 6%. Too much less than 3% for too long and the economy will collapse from lack of currency. Too much over 6% for too long and inflation will spiral out of control, rendering currency meaningless.
