Chelsea Green Publishing

Chelsea Green Blog

Peter Barnes: Towards a Fair Climate Policy

Peter Barnes, author of Climate Solutions: A Citizen’s Guide and senior fellow at the Tomales Bay Institute, presents the basic principles of a cap-and-dividend climate policy. In easy-to-understand terms, he presents the problem (“the biggest market failure the world has ever seen”), as well as a common sense, truly fair solution that won’t place the financial burden disproportionately on the poor.

Many economists (and others) from a wide range of political viewpoints are coming to support the idea of cap-and-dividend or tax-and-rebate as the most sensible way to address climate change. It’s important to note that the two approaches (cap or tax) are functionally equivalent. Both policies are intended (1) to raise the price of the carbon emissions that cause global warming, thereby discouraging those emissions and encouraging alternatives, and (2) to do so in a way that does not place the burden of adjustment disproportionately on the poor.


If we don’t understand a problem, it’s unlikely we’ll be able to fix it. So let’s begin by asking, with regard to the climate crisis, what is the problem we need to fix? Often in public policy, the problem we need to fix isn’t immediately obvious. Sometimes we see symptoms without seeing the underlying problem. Other times we see part of the problem but not the whole. On the surface, climate change appears to be an environmental problem, or perhaps a technological one. But deeper down, it’s a result of two economic and political failures.


The first of these is a market failure. Humans are dumping ever-rising quantities of greenhouse gases into the atmosphere because there are no limits or prices for doing so. There are, however, huge costs — costs that are shifted to future generations. When people don’t pay the full cost of what they’re doing, but instead transfer costs to others, economists call this a ‘market failure.’ Nicholas Stern, former chief economist at the World Bank, has said that climate change is “the biggest market failure the world has ever seen.”


The second cause of global warming is misplaced government priorities. Because polluting corporations are powerful and future generations don’t vote, our governments not only allows carbon emissions to grow, but subsidizes them in numerous ways. Thus, despite all we know today about climate change, about two-thirds of US federal energy subsidies currently go, for example, to fossil fuels.


It’s important to recognize that these twin failures permeate our entire economy. They’re not problems of the electricity sector, the automobile sector or the building sector; they’re problems of all sectors and must be treated at that level. They distort the behavior of all individuals and businesses. No matter how ‘responsible’ any of us may be, our separate actions can’t overcome what these twin failures make most of us do most of the time. What’s required are fixes for both system failures. We need to limit and pay for atmospheric pollution, and we need to shift government’s attention from dirty fuels to clean alternatives. If we don’t do both of those things, we won’t stop climate change.

Read the whole article here.


10 Books to Curl Up With This Winter

William Wordsworth was right when he said, “Nature never did betray the heart that loved her.” Nevertheless, the cold, dark days of winter can still get the best of even Nature’s most tenderhearted admirer. What’s one to do? We here at Chelsea Green have concocted the perfect cabin fever remedy with our suggested winter reading […] Read More..

Top 8 Chelsea Green Books the Self-Styled Oregon Militia Should Read

The ongoing armed militia occupation of the Malheur National Wildlife Refuge in Oregon is showing no signs of ending — so, rather than send them snacks, or sex toys, we had an idea: Send them a book! Better yet, send them several Chelsea Green books. Don’t worry, we’ve picked five key titles that we think […] Read More..

Author David Stroh: First Steps to Becoming a Systems Thinker

Systems thinking is often seen as something relegated to scientific and business analysis – economics, resource depletion, and climate. However, Systems Thinking for Social Change focuses on how to use systems thinking to make breakthrough progress on intransigent social problems. We asked author David Stroh how this approach can make an impact, and how readers […] Read More..

Use Systems Thinking to Make Lasting Social Change

What can be done when our best intentions create unintended problems—such as temporary shelters increasing homelessness or food aid accelerating starvation?After decades of helping change-makers in the nonprofit, public, and private sectors address tough social problems, systems-thinking expert David Stroh shares the pioneering framework that both demystifies systems thinking and shows how it can lead […] Read More..

Let’s Make Bernie Sanders a Bestseller!

As the presidential campaign of Bernie Sanders continues to climb in the polls, crushing online fundraising records and frustrating party insiders and pundits along the way, we’re looking to put Bernie’s message on bestseller lists everywhere in time for the national debates this fall!With the second Democratic debate to be held on November 14th in Des Moines, it’s […] Read More..
Follow us
Get every new post delivered to your inbox
Join millions of other followers
Powered By WPFruits.com