ENV100H1 Lecture Notes - Lecture 10: Degrowth, Microsoft Onenote, Consumerism

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Week10:(15/11/2018)
Thursday,November15,2018 12:48PM
RequiredReadings:
QuestioningEconomicGrowth...byPeterVictor(page370‑371)
ConsumptiontoSatisfyOurNeedsbyDavidSuzuki(page37‑49)
ReverendBilly;sCrusadeagainstthe'Shopocolypse'inFES(page30‑32)
Reading#1:QuestioningEconomicGrowth‑PETERVICTOR
THESIS:
"ourglobaleconomymustoperatewithinplanetarylimitstopromotestability,resilienceand
wellbeing,notrisingGDP."
"developedeconomiesmustchartacoursetowardslivingwithinafairshare,andnomore,ofthe
planet'ssafeoperatingspace"
NOTES:
Theplanetcan'tsustaincontinuedglobaleconomicgrowth
EconomistROBERTSOLOW(NobelPrizeinEconomics)
SaidthatU.SandEuropemightfindthatcontinuedgrowth=toodestructivetoenvironment
+we'retoodependentonscarcenaturalresources
INSTEAD:steady‑stateeconomicsoreconomic"degrowth"aregainingtraction
Why?
Movedbeyond"safeoperatingspace"forclimatechange,nitrogenloadings,and
biodiversitylossandthreatenstofor6othermajorissues
Tracedtoincreaseinmaterials,fossilfuelsandbiomassused
Mankind'sthroughput:(amountofmaterials,likefuelthatfeedworld'seconomies)hasincreased
by800%in20thcentury
Correspondingincreaseinwaste
PLUSpopulationincreasefrom1.6to6billion
OneOption=GREENGROWTH
Developedcountriescontinuestrivingforeconomicgrowthwhilereducingimpactson
planet
Assumeseconomicgrowthcanbedecoupledfrommaterial+energyinputs
FavoredbyOrganizationforEconomicCo‑operationandDevelopment(OECD)
Reboundeffect:efficiencyimprovementsoften=changesthatoutweighenvironmentalbenefits
RecognizedbyW.SJevons(economist)in1865
Notedthatsteamengineimprovements=increaseintotalcoalconsumption
Reboundof50%notunusual
Ex.By1910,steamenginesweremuchmoreefficientbut2,000foldrisein
steam‑poweruseincreasedcoalusedramatically
AlternativeOption:
Shiftgrowthtosectorsthatuselessresources(ex.Servicesector)
Couldbuytime
Butnotifitjustoutsourcesresource‑heavyproducts+theirenviroburdens
ThirdOption=LIMITGROWTH
Toreducegreenhouse‑gasemissions(GHG)by80%over50years,aneconomythatincreasesGDP
by3%/yearhastoreduceemissionsintensity(tonnesofGHGperunitofGDP)by6%everyyear
Foraneconomythatdoesn'tgrow,theannualcut=3.2%(stillchallenging)
ReasonsofSupportforrichercountries:
1. Evidencethatgrowthisunrelatedtohappiness
2. Growthaccompaniesincreasinginequality(poorpublichealth,socialunrest)
3. Noimprovementsindevelopingworldifdevelopedkeepsencroachingecologicalspace
DethroningEconomicGrowthisn’tthatimprobable
RegularGDPestimatesonlydatebackto1940s
Economicgrowthbecameapolicypriorityonlyinthe50s!
HERMANDALY(ecologicaleconomist)supportssteadystateeconomicmodel
Setofprinciplesforlimitingmaterialuse:
Harvestofrenewableresourcesshouldn'texceedregenerationrate
Rateofextractionofnon–renewableshouldn'texceedrateofcreationofrenewable
substitutes
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