Coping With Global Warming

Jan-Erik Lane

Abstract


The process of globalization that has framed developments in the societies on Planet Earth the last decades will be supplanted by the climate change process, which no country can evade. It amounts to a set of giant forces shaping the environment, the economies and the politics of the world. It is somehow believed that the process of change can be controlled by halting the increase in greenhouse gases so that average global temperature would only augment by 2 degrees. This is a dire illusion, fed by the promises of many governments to do something about the energy emissions – in the future! Global warming is now, driven by the most powerful forces, namely the life style of mankind, resulting in an ever larger decline in environmental capital. There is much talk about creating economic development that is carbon neutral, but the global truth is that emission of greenhouse gases just keeps going up. China has promised to halt emission growth by 2030 – too late! Global coordination fails completely.


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DOI: https://doi.org/10.11114/aef.v2i3.937

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Applied Economics and Finance    ISSN 2332-7294 (Print)   ISSN 2332-7308 (Online)

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