Transitioning to a Steady State Economy as a solution to the climate change
Climate change remains the defining issue of the 21st Century. All world leaders have agreed that we must keep Greenhouse Gas emissions to less than 450 parts per million and the global temperature rise to less than 2° Centigrade above the historic average.
The premise of this talk is that focusing on ecological strategies to solve climate change leads to the setting of meaningless targets and support for ineffective policies like cap and trade. The biggest impediment to acting on the climate crisis is rigid adherence to the neoclassical, growth and consumption based economic model which virtually all governments across the planet support.
Economic reform is the path to dealing with climate change. We must transition to a model that creates economic prosperity by living within our ecological means. The model is called a Steady State Economy. In a Steady State Economy, prosperity is achieved by re-localizing everything and creating self- sufficient, resilient sustainable regions. It is an economy that closes the gap between rich and poor and it results in communities where all can afford a decent standard of living and where they have access to meaningful work through jobs created locally in the business, government and the not-for- profit sectors.