Sublime

If industry prevails and we stick with a business-as-usual scenario — and pretty much all data indicates this is what we are doing — we’ll blow through our carbon budget in less than seven years.9 Global temperature rise will continue on its trajectory of 3°C10 increase or worse by the end of the century, and, in environmentalist Bill McKibben’s wo

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Its relentless trajectory: To bring it on, all we have to do is, um, nothing. Its overwhelming complexity: To fix it, not only do we have to do something, but, as Naomi Klein has said, we pretty much have to “change everything” about how our economy and society operates. Its asymmetries of power: Those of us most historically responsible for causin

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As an illustrative example: The city of Helsinki wants to reduce Helsinki’s annual carbon dioxide emissions by 80% by 31st of December, 2030, as measured by real-time data from NASA's carbon-sensing satellites. The city agrees to pay out $60 M in total when the reduction is achieved. It issues 600 000 carbon bonds redeemable for $100 at the date of... See more