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The Case for Climate Capitalism

Economic Solutions for a Planet in Crisis

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The Case for Climate Capitalism

Written by: Tom Rand
Narrated by: Jim Seybert
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About this listen

A warming climate and a general distrust of Wall Street has opened a new cultural divide: Anti-market critics from Naomi Klein to the Pope target capitalism itself as a root cause of climate change, while neoconservatives who diminish the climate threat are in favor of market fundamentalism.

Tom Rand argues that both sides in this emerging cultural war are ill-equipped to provide solutions to the climate crisis, and each is remarkably naïve in their view of capitalism. On one hand, we cannot possibly transition off fossil fuels without the financial might and entrepreneurial talent market forces alone can unlock. On the other, without radical changes to the way markets operate, capitalism will take us right off the climate cliff.

Rejecting the old Left/Right ideologies, Rand develops a more pragmatic view capable of delivering practical solutions to this critical problem. A renewed capitalism harnessed to the task is the only way we might replace fossil fuels fast enough to mitigate severe climate risk. If we leave our dogma at the door, Rand argues, we might just build an economy that survives the century.

©2020 Dreamscape Media, LLC (P)2020 Dreamscape Media, LLC
Economics Environment Political Science Public Policy United States Business Sustainability Paleontology US Economy Climate Capitalism
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very compelling, important read too

smart and important read from rand. a good narration too. i highly recommend it for anyone interested in climate policy

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  • Overall
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Tom Rand makes the case for a green economy

there's no debate anymore - we need to address climate change. Rand argues a financial solution.

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Sage insights and pragmatic centric solutions.

With the uber tribalism found in today's society, it is wonderful to see the common sence ideals of an old tried and tested Canadian "Middle Way" dipomatic strategy purposed as a solution to our global warming tragedy.

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Interesting information but generally impractical ideas with little data to support

Decent review of clean tech energy sources versus carbon based energy.

Misses the mark on carbon tax review. States revenue neutral which is only accurate on the individual and not corporate level. Just like Trudumb and his vote buying money distribution (which will lead to massive future tax burdens and will destroy Canadians future standard of living) Mr. Rand fails to mention the fact that carbon taxes destroy Canadian standard of living through higher transportation and service costs

Like most discussions on clean tech energy sources it lacks a view of the future issues facing clean tech (solar breakdown of solar panels and significant maintenance costs). No mention of ROE on wind projects. No mention of the failure of German solar projects.

Brought up Wynn and Ontario’s cap and trade/solar fiasco and stated Ford was not wise to scrap the carbon pricing. Typical elitist view and blind to the damage done to people’s standard of living and the fact that Ontario will be paying off the debt for decades.

Little mention of the real issue facing Earth (population too high). Mr Rand did nail the likely future with his analogy of the foxes running out of rabbits to eat. With a population of 7.7 billion and growing we are the foxes and the earth the rabbits. The problem will be solved and the solution will involve hardship and death for many people. Just like the foxes. Mr Rand and Naomi can relax as the earth will take care of the overconsumption and capitalism all in one fell swoop. Warming=people and capitalism both decline. Warming slows as human activity declines and population stabilizes. Much like the current virus operation. Imagine a real crisis! The world’s supply chain will snap like a twig!! Consumption will fall and carbon emissions with the lower consumption will fall, just like the virus effect. Can you imagine the slowdown if there was a significant crisis!

Worth listening to, but generally a shallow, self serving message that misleads the reader in to believing that mankind can continue on if only we make the right choices (in his opinion clean tech). The real and obvious solution is less fox and more rabbit. Population=consumption. Less population=less energy consumption.

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