The Case for Climate Capitalism: Economic Solutions for a Planet in Crisis

ECW. Mar. 2020. 270p. ISBN 9781770415232. $27.95. NAT HIST
How can we rebuild industries to save our biosphere from catastrophic climate disruption? Canadian venture capitalist Rand (Kick the Fossil Fuel Habit) proposes a plan for rapid transition from coal, oil, and gas to other energy sources, reminding readers that the planet is currently heading for 3.5° Celsius or 38.3° Fahrenheit of warming and that the unstable climate will last for thousands of years. Canada, a heavy per capita CO2 emitter, is far from meeting its national reduction targets. With a Canadian focus, Rand analyzes the divide in public attitudes toward climate change and argues for a carbon tax, flexible regulation, and government support of clean energy technologies that can be deployed rapidly. There is also discussion of international businesses and corporations as “forced actors” in reducing their upstream emissions; a few are beginning to shift to cleaner energy sources.
VERDICT Rand’s call for action warns that a hostile climate is “our default future” and declares it’s up to both business and government to head it off in this realistic and readable outline of solutions that could be implemented. Recommended for informed readers, in particular Canadians, who are concerned about climate change.

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