Tag: energy descent

Sustainability and Money

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Sustainability and money Deirdre Kent Nov 2020

A few months ago I gave this presentation to a climate change group. Hope you enjoy it. Well it’s not actually enjoyable to know that energy use and economic growth are so closely linked. As Naomi Klein said, “The economy is at war with the climate”. We are going to need all our collective intelligence to downshift without chaos. Can we manage an energy descent without it being haphazard and dangerous socially? Continue reading “Sustainability and Money”

Tradable Energy Quotas (TEQs) – Rationing that works

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Some years ago I read about Tradable Energy Quotas as a method of ensuring everyone has access by right to their fair share of fossil fuels yet their usage gradually declines.

The last week has seen flash floods in Greece, Southern Brazil, Bulgaria, Turkey, Hong Kong, Turkey, the Caribbean and Boston. Climate change is here with a vengeance.

Peter Victor in his 2023 book Escape from Overshoot says we now need to reduce emissions by 9.7% every year till 2030 in order to meet the Paris Agreement. So, aware that we were not going to make the necessary cuts to emissions in time to have a liveable climate, it’s certainly time to revisit the idea. Continue reading “Tradable Energy Quotas (TEQs) – Rationing that works”