Why Copenhagen Is A Failure

Saturday, December 19, 2009, 2:58 AM

A new Martenson Report is ready for enrolled members.

LinkWhy Copenhagen Is A Failure

  • Carbon reduction and economic growth are mutually exclusive goals.
  • Alternative energy sources and technologies are decades away from making a significant contribution.
  • The core problem lies with our monetary system itself.
  • Politicians are in a real bind.
  • If we were really serious...
  • The way forward.
Copenhagen & Economic Growth - You Can't Have Both

I want to point out that a massive discrepancy exists between the official pronouncements emerging from Copenhagen on carbon emissions and recent government actions to spur economic growth.

Before and during Copenhagen (and after, too, we can be sure), politicians and central bankers across the globe have worked tirelessly to return the global economy to a path of growth.  We need more jobs, we are told; we need economic growth, we need more people consuming more things.  Growth is the ever-constant word on politicians' lips.  Official actions amounting to tens of trillions of dollars speak to the fact that this is, in fact, our number-one global priority.

But the consensus coming out of Copenhagen is that carbon emissions have to be reduced by a vast amount over the next few decades. 

These two ideas are mutually exclusive.  You can't have both.

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