BK 67: (Mar 5, 2024) Five Times Faster: Rethinking the Science, Economics, and Diplomacy of Climate Change


Our Feb 6th meeting discussing the book Five Times Faster: Rethinking the Science, Economics, and Diplomacy of Climate Change by Simon Sharpe (Jun 6, 2023). With 299 reading pages it is approximately 9 pages a day. 


Check out the Bio, links and videos below:

"We need to act five times faster to avoid dangerous climate change. As Greenland melts, Australia burns, and greenhouse gas emissions continue to rise, we think we know who the villains are: oil companies, consumerism, weak political leaders. But what if the real blocks to progress are the ideas and institutions that are supposed to be helping us? Five Times Faster is an inside story from Simon Sharpe, who has spent ten years at the forefront of climate change policy and diplomacy. In our fight to avoid dangerous climate change, science is pulling its punches, diplomacy is picking the wrong battles, and economics has been fighting for the other side. This provocative and engaging book sets out how we should rethink our strategies and reorganise our efforts in the fields of science, economics, and diplomacy, so that we can act fast enough to stay safe."






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This is what we discussed at the meeting...

* General impressions of the book

* Risk Assessment

* Worst Case Scenarios needed but not always valued

* Insurance Earthquake, death of laborer, etc risk vs climate change

* Tipping Points

* Equilibrium vs Ecosystem Economy

* Carbon Tax vs. Renewable Subsidies

* Carbon Tax vs Cap & Trade

* Feedback loops

* Heatwaves - Air Conditioning - Hospitals

* COP26

* No Optimal Solution

* Solar vs Wood Chips UK

* 3 pts Agreement

* Valuing: Seaweed

* Horseshit tax

* Businesses motivation for innovation

* Mathematics of Biology vs Mechanics

* Leadership Institutions in specific areas

* Morocco Solar 100% by 2030

* Bangladesh to follow

* Helping developing nations

* Negotiation before & after

** If I have forgotten anything please let me know.    


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