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Review

No Doomsday Narrative

Book Review by Bhaskar Parichha

Title: Climate Capitalism: Winning the Global Race to Zero Emissions

Author: Akshat Rathi 

Publisher: Hachette India

Climate capitalism combines economic growth and environmental sustainability. This approach leverages market forces and capitalist principles to address climate change. Climate capitalism aims to create a system where businesses can thrive while reducing their carbon footprint and promoting clean technologies. A key driver of climate capitalism is the belief that the market will drive innovation and investment in sustainable practices. The transition to a low-carbon economy can be accelerated by creating economic incentives for companies to adopt clean technologies.

There are many strategies and policies involved in climate capitalism. Carbon pricing mechanisms, such as carbon taxes or cap-and-trade systems, put a price on carbon emissions to create a financial incentive for companies to reduce their emissions. The development and deployment of clean technologies can also be supported through subsidies or grants.

Climate capitalism also integrates environmental considerations into corporate decision-making. Sustainable business strategies include setting greenhouse gas emission targets, adopting environmentally-friendly practices throughout operations, or incorporating sustainability goals into business strategies. Climate capitalism advocates argue that businesses can drive economic growth while also contributing to climate mitigation and adaptation. A more sustainable and prosperous future can be achieved by aligning financial incentives with environmental objectives.

Critics, however, are concerned that greenwashing may result in superficial attempts to appear green. Climate capitalism may not go far enough in addressing the systemic changes necessary to address climate change, and more radical action is needed. Economic development and environmental sustainability are reconciled by climate capitalism. By harnessing market forces to create a more sustainable future, it acknowledges the role that market forces can play in driving change. Whether climate capitalism can deliver on its promises and effectively address climate change challenges remains a subject of debate.

In this context, this book is an excellent addition.Climate Capitalism: Winning the Global Race to Zero EmissionsbyAkshat Rathi is a fascinating book that sheds a fresh look at the issue. Akshat Rathi is a senior reporter at Bloomberg News. Bloomberg Green’s Zero podcast is hosted by him. A PhD in organic chemistry from Oxford and a BTech in chemical engineering from IIT Mumbai, he has worked for QuartzThe Economist and the Royal Society of Chemistry. His writings have also been published in NatureThe Hindu and The Guardian

According to the blurb: “Our age will be defined by the climate emergency. But contrary to the doomist narrative that’s taken hold, the world has already begun deploying the solutions needed to deal with it. On a journey across five continents, Climate Capitalism tracks the unlikely heroes driving the fight against climate change. From the Chinese bureaucrat who did more to make electric cars a reality than Elon Musk, to the Danish students who helped to build the world’s longest-operating wind turbine, or the American oil executive building the technology that can reverse climate damages, we meet the people working to scale technologies that are finally able to bend the emissions curve.”

Through stories that bring people, policy and technology together, Rathi reveals how the green economy is possible, but profitable. This inspiring blend of business, science, and history provides the framework for ensuring that future generations can live in prosperity. It also ensures that progress doesn’t falter.

Which economic policies are most effective at reducing greenhouse gas emissions and combating climate change? Climate Capitalism examines the economics and politics of market-based climate change solutions. It is essential reading for all students and teachers, unionists and business leaders, grassroots activists and politicians.

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Bhaskar Parichha is a journalist and author of UnbiasedNo Strings Attached: Writings on Odisha and Biju Patnaik – A Political Biography. He lives in Bhubaneswar and writes bilingually. Besides writing for newspapers, he also reviews books on various media platforms.

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Categories
Mission Earth

Tuning in to Nature

By Kenny Peavy

With the exodus of throngs of kids running wildly in fields, climbing trees in the forests and roaming freely through neighbourhoods to the air conditioned, sterile comfort of malls and safe spaces free from the necessary challenges, risky play and scraped knees that used to define growing up has come another hurdle and barrier to the free range childhood of the days of yore.

That hurdle is an addictive and damaging wolf standing in plain sight. Disguised in the sheep’s clothing of endless fun, free games and the promised land of more social connection that ever we welcome the predator of our free time into our homes with swiping thumbs and addicted stares. The wolf is the ever pervasive hand phone and the deceptively innocuous sheep it is clothed in is endless connectivity to mindless entertainment and social media.

In many parts of the world children now spend a few minutes a day, measured in single digits, playing outside, while they spend upwards of 8, 10 and even 12 hours a day glued to their screens. Not only is this having numerous impacts on their physical health it also disconnects them from the natural world they would otherwise be exploring and discovering on a daily basis.

How do we leap over this hurdle and send the wolf back to its den?

How do we allow kids to reconnect with a wild childhood playing, discovering and learning outside?

As is with most things, the answer is deceptively simple yet seemingly difficult to do.

A few suggestions may help:

Take your kids for a Nature walk with no purpose, no objective, no particular aim. Just ramble around and see what you can see. Practice active observation and engage the sense. Ten minutes a day will suffice. More if you can! You’ll be amazed at the benefits to mind, body and spirit!

Find a stump, a shade tree, a stream bank or park bench. Write non-sensical lyrics, explore rhymes and rhythms you hear in the fields, sketch the nearest flower, capture the image of an intriguing insect. Take time to notice the small things. Do it often enough and you’ll start to notice things you never saw or heard before!

Make a list of things you might see in your local ecosystem. Go for a walk and check off how many you see in an afternoon. Even in the most seemingly barren neighbourhoods you’ll be amazed at what you find if you look close enough!

Climb a tree and just sit there for a while looking and listening. Feel the wind. Look at the world from a different perspective. What do you notice?

Flip over a log discover the microcosm of the soil ecosystem. Observe the ants, termites, spiders, worms and other organisms living on the decomposing tree fiber and imagine how they are all working in symphonic symbiosis to covert that log into soil that will sustain yet another generation of trees. And so the cycle goes on and on ad infinitum!

Plant a fruit tree or flower in your yard or in your home. Check it daily. Watch it grow. Record the lifecycle. Measure its growth. See how connected you feel to a plant you have helped bring to life!

And most importantly unplug, tune in, get out!

Unplug from your devices. Turn off your phone and leave it at home

Tune in to Nature. Engage the senses. Take notice of the small things. Smell the earthy soil, feel the cold water of muddy puddles, get caught in aesthetic arrest by a deep azure sky and it’s wispy cumulus companions lofty and floating around the heavens. Get carried away and intoxicated by Nature!

Get outside and play!

Play with no particular schedule, no purpose and welcome boredom to teach you for a while.

You’ll remember how you used to play unfettered, unrestricted and carefree and why that’s how it is supposed to be.

For more ideas on how to connect with Nature join us at https://web.facebook.com/groups/boxpeopleunboxed/.

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Kenny Peavy is an environmentalist who has a memoir called Young Homeless Professional. He has co-authored a pioneering environmental education handbook, As if the Earth Matters, and recently, an illustrated book, The Box People , was re-released digitally to enable children, young people and their parents and educators anywhere in the world to use the book. He also created Waffle House Prophets: Poems Inspired by Sacred People and Places

PLEASE NOTE: ARTICLES CAN ONLY BE REPRODUCED IN OTHER SITES WITH DUE ACKNOWLEDGEMENT TO BORDERLESS JOURNAL