Tag Archive for: Economics

You’re not paranoid if it’s actually happening – How a hand full of players are putting the world, and you, at risk

In the past few months, there have been 3 big stories, that will make your head spin.

They are not all directly related to climate change, but they change the world in similar ways and are symptoms of a disease-ridden system that we need to change if we want a chance at stopping a global climate crisis.

We really need a change in the way we monitor global industries and sectors, as a few big players are cashing in while putting the rest of the world in mortal danger –yes, mortal.


Don’t worry, I have easy steps for you at the end of the post.


So let just jump right in and look at the 3 culprits.

1) A fertilizer cartel sparked the 2008 food crisis, pushing 44million people into poverty.

2) Exxon mobile kept its data on the fossil fuel-climate change link secret for 30 years, lobbying against the academic research which supported the fact, that global climate change is a) real, and b) linked to fossil fuels.

3) The sugar industry lobbied against the research linking a high carbohydrate intake (a Mc-Diet, if you will) to diabetes, heart decided, cardiovascular decease and more.


This is why we can’t have nice things. We have a world full of people trying to do good and change the world for the better. And then we have a few corporations, and industries bring positive development to a halt.

They have investors and their sole purpose in the world is to make money. But you know what, you can make money without lying, without pushing millions into poverty, without covering up vital health information, and most importantly, without almost killing off all life on earth.

I’m not sure if you’ve noticed, but I’m a bit angry with these industries. While writing this, I thought to myself;

Damn, this can’t be true. Am I exaggerating?

Unfortunately no, this is not something I made up. This is actually happening. Like I said, you’re not paranoid if it’s actually happening. But it really does sound more like the plot of a movie, than real life.


So the world sucks, why does it matter?

Well, of course, we should prevent our industries from killing us, that goes without saying, but there’s more to it.

In a world where 44 million people can be pushed into poverty, and the world can suffer a global food crisis, because of a fertilizer cartel, many of the political, and financial incentives of making the world better doesn’t mean diddly-squat. Things like securing emission reduction and imposing anti-pollution legislation become wishful thinking.

We need to create a system of finance, and of governance, where the above is not possible. Where money does not trump human lives, and the future of our planet. This should not be wishful thinking.


It is not too much to ask, that the industries who power our homes, farm our soils, and produce our food, don’t kill us.


What can you do? Small, Medium, or Big step?

Taking action doesn’t need to be excruciating, and about saving the world all at once. Every action matters, and we all give what we can. Even if you can just take a small step, it’s still a step. It’s still something you did to change the situation. Well done, you!

Small step: Get educated – read the above articles

Medium step: Vote for a party, or candidate, that takes action on these issues (I Fucking Love Science agrees with me on this one)

Big step: Find an organization that actively works against the above mentioned, and get involved


Buy it once – keep it forever

Following the post about rotation, and how it’s an environmentally friendly choice to rotate your stuff, this seems like an adequate follow-up.


Tired of buying crap that you have to replace every few years?

Wished there was a way to only buy things once?

I present BUY ME ONCE!
A webpage that only features products with a lifetime guaranty.


I am absolutely in love with this one! Besides from being amazing gift ideas for weddings and such, it also a great way to find things of high quality that will last you a lifetime. The Buy me once webpage even features socks and shoes! Yes, a lifetime guaranty for shoes.

The Buy Me Once webshop is basically a compilation of products that offer a lifetime guaranty. It doesn’t itself sell anything, but it shows you your choices of made-to-last products and redirects you to the actual product shop.

The webpage is a break up with endless consumption and the need for more. We still need things, and we still want to give our children toys, but what if those toys were meant to last a lifetime, instead of just a few years?


What if, instead of buying shoes every year, you bought one really good pair that had lifetime guaranty? In the long run, you would save money, as you are not buying new stuff all the time. Plus, you save a trip to the store.

Of course, the shoes won’t last a lifetime. That’s not the point here. Products with lifetime guaranties do last for a longer time, meaning they have a lower impact on the environment.

It all comes down to, what trash you decide to buy.

In the end, everything you own will become trash, so make an active choice, when you are buying things, because you are not just buying things. You are buying waste.

So buy quality waste, and less of it.


Environmental Economics 101 – Mitigation or Climate Change Prevention?

I’ve been putting of writing about environmental economics for some time, simply because the subject is somewhat complicated, and I haven’t yet found a way to make it tangible. But last night, a friend of mine send my an article, that gave me an idea for a post about green-econ. Is so simple, even my dead dog could understand it.

It will only revolve around one question:

Which is cheaper, Mitigation or Climate Change Prevention?

Climate mitigation is in short, adapting to the consequences of climate change.

Examples of this include; storm drains, damns, water protection, drought prevention and so on.

Climate change prevention is in short, preventing climate change, either by cutting the use of fossil fuels, which is most commonly discussed, or by extracting CO2 and other green house gasses from the atmosphere. The lather is often regarded as unfit for large-scale project, and an unrealistic technology.

So, mitigation fights the consequences of climate change and climate change prevention fights the actual climate change, eliminating the need for mitigation.


The above seems like a no brainer. Fight the problem at the root, right?


Unfortunately, most policymakers don’t see it that way. The here and now cost of climate change prevention, is far greater than mitigation, and their budgets don’t stretch 20, 50, or 100 years into the future.


I could find an endless list of links of policy makers stating, that it would be far cheaper to spend money on mitigation, than prevention. Instead, I’m going to give you an example, of why they are wrong.


These days the municipality of Copenhagen are implementing the most ambitious climate mitigation plan, even seen in our nation. Massive storm drains and runoff patches are being build, green areas planted, and sewage pipes expanded to cope with the added pressure.


The plan is even so ambitious, the solutions are being sold to New York.

The above is no doubt impressive, but as we already established, you have to attack the problem at the root.


A 2 degree increase in global mean temperature will still result in massive flooding. In my home city of Copenhagen, this means 225.000 people will loose their homes – about half the current population of the City. ScienceNordic made this video about the effects of just a 2 degree temperature rise, will have in Denmark’s capital:

All the storm drains in the world, would not prevent a flooding of this magnitude. The price of relocating the 225.000 people alone exceeds the price of mitigation. Then you have to add lost businesses and income, the cost of social benefits to cover unemployment and decease, the need for new infrastructure…. The list goes on and on.


I am not going to find loads of spreadsheet, and examples and use them to convince you, that preventing climate change, is a better investment than climate mitigation. Many, many others have done that.

I am just going to remind you, why it is we have to act. COP21 is happening right this moment. You can still write you local politician, or send a tweet at them, urging them to find a binding agreement in Paris.

It will cost you only 5 minutes of your time, but it might prevent 627 million world citizens from loosing their homes.