konicz.info, 14.01.2022
Why does capitalism fail to implement sustainable climate policies despite the escalating ecological crisis?
For three decades, policymakers have promised to address the climate crisis. For three decades, global emissions of greenhouse gases have continued to climb, giving rise to the suspicion that the capitalist world system is incapable of reducing CO2 emissions globally. The facts speak for themselves, as greenhouse gas emissions have increased every year in the 21st century, with the exception of the crisis years of 2009 and 2020.1
And this trend does not seem to be changing. The International Energy Agency (IEA) recently published an emissions forecast according to which global CO2 emissions will rise this year and next, reaching a new historic high in 2023. A trend reversal is „not in sight,“ the IEA said.2 Despite all the apologetics in the mass media, capitalism has thus impressively demonstrated that it can only „lower“ global emissions at the price of a world economic crisis (This was, as already mentioned, only the case in 2009 and 2020).
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