Chelsea Green Publishing

Chelsea Green Blog

The Next Trillion Dollars

An interesting commentary in the Christian Science Monitor, and reprinted at CommonDreams, calls for spending the next trillion dollars (equal to the amount we’re likely to spend on the Iraq War) for the good of humanity. Here’s a sample:
“Let’s allocate another trillion dollars—but this time for the good of all humanity and all species. Let’s do it with the same moral urgency and vision that has made America great at so many critical junctures in history. There’s an emergency and an opportunity out there that calls for The Next Trillion. It’s about more than geopolitics and petrodollars. It’s about more than the science of climate change. It’s about the need for global economic institutions to evolve in response to the social and environmental challenges of our time: growth in population, accelerating technological change, accelerating capital flows, growth in consumption, increasing pollution, widening wealth gaps.”
Tasch argues that the financial returns of the 20th century largely depended upon unsustainable environmental and social trends, and they remain inadequate to move the world’s economies in a bold, new direction. He argues that we need to invest that trillion dollars in $250 billion chunks in the following areas: clean energy and energy efficiency; carbon sequestration and bioremediation; sustainable food and forests; and, community development. Tasch, who is chairman of Investors’ Circle, a network that connects patient capital investors with early-stage companies and venture funds that promote sustainability, knows what he’s talking about. As the US emerges from a dark age of fast money and cowboy diplomacy this just may be the economic and social hook upon which to hang our hat. Or, as Tasch notes, “Slowing money down, bringing it back down to earth, thinking longer term, recapturing money, and redeploying it as an agent of community and bioregional health, creating what some have called “virtuous globalization” or, even, localization – this is the next great work.” Read the full article here.


A Dictionary to Survive the Future

When British economist David Fleming died unexpectedly in 2010, he left behind his great unpublished work, a masterpiece more than thirty years in the making—an intellectually evocative and inspiring dictionary, Lean Logic: A Dictionary for the Future and How to Survive It. In it, Fleming examined the consequences of an economy that destroys the very foundations—ecological, […] Read More

Overshoot, Collapse, and Creating a Better Future

In 2016, Earth Overshoot Day happened on August 8—the day when we’ve exhausted the planet’s resources for the year, and are essentially borrowing from future years to maintain our existence today.Perhaps you celebrated this day with a counter-solution: a vegetarian meal, telecommuted, or turned off the air conditioning. There’s a lot more you could be […] Read More

The Future Is Hopeless, So Give it Your All

The never-ending national election in the United States, the “surprise” pro-Brexit vote in the United Kingdom, climate change … the list goes on and on about how easy it can be to lose hope in the future.Like many of life’s frustrations, or overwhelmingly large topics, most people in our society find themselves somewhere on the […] Read More

Climate Change & the End of Stationarity

Just as predicting the rise of Donald Trump as a leading presidential candidate stumped even the best of political analysts (looking at you Nate “FiveThirtyEight” Silver), the advent of the Sixth Great Extinction due to climate change and an increasingly potent mix of carbon dioxide in the atmosphere has completely upended how we predict the […] Read More

Use Simple Games to Better Understand Climate Change

How is it that emissions keep growing despite rising concern about the climate change they cause? It is possible to identify several reasons for the paradox, most of which lie outside the scope of The Climate Change Playbook. But one important reason is relevant here: people do not understand the behaviors of the climate system.And […] Read More
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