1st (cf. @MGSchmelzer): there is no reason to assume that a massive productivity- & hence production-boom will lead to reduced emissions, because it will increase production&growth, & it is those two variables that global greenhouse emissions track most closely. #Degrowth.
Until 2050 we'll likely see "a #supercycle in investments in 'clean' energy infrastructure, 'clean' transportation & everything that's required for the '#green' transition."
There's so much bullshit in here, I'll unpack some of it in a
1st (cf. @MGSchmelzer): there is no reason to assume that a massive productivity- & hence production-boom will lead to reduced emissions, because it will increase production&growth, & it is those two variables that global greenhouse emissions track most closely. #Degrowth.
Every time capitalism has made massive productivity gains (e.g. w/ the #steamengine; the taylorist #assemblyline; computers), that has led to a *radicalisation* of capitalism as a mass production system (as opposed to earlier versions, where luxury goods were for elites),...
So there's no reason believe that a new round of capitalist accumulation (#accumulationbydispossession / #primitiveaccumulation) - in this case: some kind of "#greencapitalism - will in any way positively impact emissions rates, but every reason to believe the opposite...
I would like to look into this, as it speaks to an often-overlooked issue: the relationship between different phases of capitalist development, such as imperialism, fordism, & post-fordism, connected to energy regimes (coal-based, oil-based, renewables-based capitalism)?
The question is: when one new phase of capitalism starts - & (cf. abramsky, mitchell, malm) these are often connected to specific energy regimes: coal, oil, gas... renewables?) - what happens to the structures (institutional, material, etc.) that constituted the past phase?
Would a renewables-based "green capitalism" simply supersede & replace (much of) what came before? That claim is a necessary tool in the #greencapitalist (GC) box, since the only way their argument makes sense is if the expansion of GC means less fossil capitalism in turn.
Well... no. It wouldn't, & here's some empirical claims to support that statement:
a) Consider the progression of "modes of production" (MoPs), from "slavery" to "feudalism" to capitalism: there is today, in quantitative terms, more slave-labour than during the high-time of
the slave trade & the golden triangle.
There is also, today, more feudal, quasi-bonded labour in the world than during the high time of European feudalism, usually (in Eurocentric history) taken to mark the era of dominance of that MoP.
What happens here (cf. Althusser)...
is that MoPs don't replace one another; the new, dominant MoP *articulates* the old MoPs & their structures (labour organisation, etc.) *to*, & renders them productive *for* itself.
A massive expansion in GC-mining, for example, would no doubt lead to an extension of the
most gruesome, old-fashioned types of mining, including in quasi-slavery & bondage-conditions.
b) consider the progression of energy regimes (closely linked to that of different phases of cap. dev.): from renewables (pre-indust. revolution) to coal to oil (w/ some nuclear)
to gas & then, inshallah, to renewables.
Now, do you believe that the oil age meant that less coal was being burnt? That more renewables means burning less fossil fuel?
It might not surprise u that that's not what happens. Every new energy regime is a massive adrenaline-

shot in capitalism's arm, it becomes much more productive, further extends its (formal&real) subsumption of the world under its regime of constantly accelerated production. In order for this to be effective- returning to the article above - there need to be huge investments
all over the world, existing but maybe even defunct production units have to be kicked into shape again, the whole productive & therefore destructive edifice of global capitalism shudders into action once again where before, for the past 12, but more likely 25 years, there
has been a massive crisis of overaccumulation & underinvestment ("cash-glut", "Investitionsstau").
Need real examples of this? Take a look at the @EU_Commission & its fabled #GreenDeal: a "green" programme that centrally involves building new #fossilgas-infrastructures...
Read the guardian-piece: "'Things like copper, nickel & cobalt are all likely to see a boost from the extra demand to build infrastructure. Even steel & petrochemicals will be needed,' said Midgeley."
Not satisfied, want to hear the same from a forward-looking capitalist?
The head of #Mitsubishi Heavy Industries told the @FT that "hydrogen, ammonia, carbon capture & nuclear power would all be needed to meet the global goal of 0 emissions." Meaning: every available technology will be milked for all it's worth in the push to expand production.
More from Economy
What do a Tory Peer, Selwyn Gummer (Lord Chadlington), David Sumner ( Sumner Group Holdings) and the Sanchez Perez family (drugs money, laundered through Gold mines) have in common?
It’s another company-saving a £50 million PPE contract shaggy dog story
Connections, connections
What a start to the story
“A bulletproof truck trundled down the road in downtown Lima, guarded by 18 policeman
They were wearing body armour & wielding high velocity rifles
No-one was taking any chances
This was a Special delivery for Peruvian Prosecutor for an anti drug trial
That was in 2011, the same year that Lord Chadlington’s daughter got married in Chadlington to Henry Allsopp.
Who was there?
Yes Kirstie Allsopp of Location, location, location and all this Covid nonsense fame) is his sister
Camilla, his Godmother
Jeremy Hunt
Cameron
Well. Come on. Lord Chadlington had been chair of the local Witney Conservative Association. It’s only fair.
Hang on. Julian Wheatland, Director of SCL Group/ Cambridge Analytica had also been chair of Witney Conservative Association...and campaigned for his mate Cameron
Are we sure Julian Wheatland and his side kick Alexander Nix were not there too @JolyonMaugham ?
I mean. They move in the same North Oxford circles.
It’s another company-saving a £50 million PPE contract shaggy dog story
Connections, connections
The *staggering* tale of a Tory Peer and a \xa350m PPE contract. https://t.co/SH2qxOmfQ4
— Jo Maugham (@JolyonMaugham) December 10, 2020
What a start to the story
“A bulletproof truck trundled down the road in downtown Lima, guarded by 18 policeman
They were wearing body armour & wielding high velocity rifles
No-one was taking any chances
This was a Special delivery for Peruvian Prosecutor for an anti drug trial

That was in 2011, the same year that Lord Chadlington’s daughter got married in Chadlington to Henry Allsopp.
Who was there?
Yes Kirstie Allsopp of Location, location, location and all this Covid nonsense fame) is his sister
Camilla, his Godmother
Jeremy Hunt
Cameron

Well. Come on. Lord Chadlington had been chair of the local Witney Conservative Association. It’s only fair.
Hang on. Julian Wheatland, Director of SCL Group/ Cambridge Analytica had also been chair of Witney Conservative Association...and campaigned for his mate Cameron
Are we sure Julian Wheatland and his side kick Alexander Nix were not there too @JolyonMaugham ?
I mean. They move in the same North Oxford circles.
I really think people have a very short-sighted view of the city and its key role in decades to come for the economy of 🇨🇳. Every so often, people have a handful of misconceptions about the city's future because they lack of basics in strategy 👇
https://t.co/6wuRzXGkYZ The West propaganda seems to make people think we are cracking down on 🇭🇰 people because we no longer need them and we will inevitably suppress their rights. Every now and then, I talk with people in 🇭🇰 who think the Great Firewall will extend to 🇭🇰
🇺🇸-led liberal order is very strong to come across 🇭🇰 people and make them believe what they want. Brainwashed people don't think rationally and fall for the lies and propaganda. This guy is one among so many others I met in 🇭🇰 who told me the same thing, that the city is doomed
They couldn't be more ignorant ! Unfortunately they will end up leaving the city and missing out on incredible opportunities... But they don't know that nothing will eventually change after 2047 ? 🙃Let me explain you why
I bet even after 2047 🇭🇰 will still enjoy a high degree of autonomy and freedoms that its mainland counterpart can’t enjoy : an independent legal and financial system, English as one of the official language, an access to the West internet, its traditional medias, etc.
Most Western countries are already starting to reconsider whether Hong Kong will remain a viable trading centre.
— Isaac Cheung | \U0001f1ed\U0001f1f0 | (@SoAlive0513) February 15, 2021
When the entire world stops trading with HK, how will HK be the financial center of the world?
I doubt tourism would be any better in the next few years either lol
https://t.co/6wuRzXGkYZ The West propaganda seems to make people think we are cracking down on 🇭🇰 people because we no longer need them and we will inevitably suppress their rights. Every now and then, I talk with people in 🇭🇰 who think the Great Firewall will extend to 🇭🇰
🇺🇸-led liberal order is very strong to come across 🇭🇰 people and make them believe what they want. Brainwashed people don't think rationally and fall for the lies and propaganda. This guy is one among so many others I met in 🇭🇰 who told me the same thing, that the city is doomed
They couldn't be more ignorant ! Unfortunately they will end up leaving the city and missing out on incredible opportunities... But they don't know that nothing will eventually change after 2047 ? 🙃Let me explain you why
I bet even after 2047 🇭🇰 will still enjoy a high degree of autonomy and freedoms that its mainland counterpart can’t enjoy : an independent legal and financial system, English as one of the official language, an access to the West internet, its traditional medias, etc.
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