This Changes Everything: Capitalism vs. The Climate

by Naomi Klein

Anderson argues that we have lost so much time to political stalling and weak climate policies—all while emissions ballooned—that we are now facing cuts so drastic that they challenge the core expansionist logic at the heart of our economic system.47 They argue that, if the governments of developed countries want a fifty-fifty chance of hitting the agreed-upon international target of keeping warming below 2 degrees Celsius, and if reductions are to respect any kind of equity principle between rich and poor nations, then wealthy countries need to start cutting their greenhouse gas emissions by something like 8 to 10 percent a year—and they need to start right now. The idea that such deep cuts are required used to be controversial in the mainstream climate community, where the deadlines for steep reductions always seemed to be far off in the future (an 80 percent cut by 2050, for instance). But as emissions have soared and as tipping points loom, that is changing rapidly. Even Yvo de Boer, who held the U.N.’s top climate position until 2009, remarked recently that “the only way” negotiators “can achieve a 2-degree goal is to shut down the whole global economy.”48