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
(Article Thread)
All in one convenient location to access.
https://t.co/TuyltZTyW0
True State of the Nation
— Secret SoSHHiety (@SouledOutWorld) December 19, 2020
You think you know what's coming... but you don't...https://t.co/MVoIuxgaWX pic.twitter.com/DtF2Q53HrT
https://t.co/XJJRvpLRQE
Truth About Antarctica
— Secret SoSHHiety (@SouledOutWorld) December 19, 2020
Why? Scalar EM Antennas are kept at Antarctica; Scalar EM weaponry is the anonymous weapon to be used by the White Horse of Rev 6.https://t.co/7CDzmQfLSX pic.twitter.com/0400oCN8io
https://t.co/NeeFCfMkP2
The Finger (fuck you/fuck the world)
— Secret SoSHHiety (@SouledOutWorld) December 18, 2020
The middle finger is the Saturn finger.https://t.co/BsrsBE3f5h pic.twitter.com/ZJqZll8lU1
https://t.co/yFtbIgqzzm
Bread and Circuses
— Secret SoSHHiety (@SouledOutWorld) December 18, 2020
Bring in the clowns & the fast food...https://t.co/SZAlfkqTI3 pic.twitter.com/gLys0mNMIq
Surprised so many smart people bought into the idea that $600/wk UI is the same as $600/wk job guarantee (or better) or that JG jobs must be inherently inessential. I\u2019ve addressed this many times & will post a thread later. Trying not to spend precious family time on Twitter.
— Pavlina R Tcherneva (@ptcherneva) December 29, 2020
Automatic stabilization: Both $600/wk UI and JG will provide counter cyclical spending. But UI will be weaker. Counter-cyclical stabilization is not just about the absence of income. It is also about the transmission and structure of economy
Firms don't like to hire the unemployed. Mass and long-term unemployment make the problem worse. JG would recover labor markets much faster than a UI of the same amount, both b/c of the higher direct, induced & tertiary employment effects & b/c of private firm hiring preferences.
JG stabilizes spending patterns better. Uncertain job prospects may mean more cautious spending from the unemployed compared to those w/ guaranteed jobs.
UI is temporary, which makes matters worse. Even if it were permanent, it still won't resolve the problem of job scarcity.
Nations who once achieved tight full employment through active labor market policies demonstrate that unemployment does NOT fluctuate the same way it does w/o them. Direct employment, ELR type policies diminish drastically/even eliminate these amplitudes (eg postwar Japan/Sweden)