Put simply, any generation of economic value requires resources. These resources are extracted from somewhere in the world, used in some fashion to create energy or further materialsUnfortunately, there are fundamental flaws in this plan. The Energy Return on Investment (EROI) of renewable energies is generally much lower than that of fossil fuels. In other words, for a given amount of resources invested in renewables, you receive much less usable energy back than the same investment in fossil fuels would yield. This is because power such as that from the sun and wind is more diffuse and harder to capture. Renewables, therefore, require more land, and their construction is energy-intensive and necessitates many rare earth materials. So although renewables create fewer carbon emissions than fossil fuels, their ecological impact shifts into other forms. Accordingly, recent research has shown that absolute decoupling of economic growth from material impact is incredibly unlikely, especially at the scale and pace needed to limit global warming to below the much-discussed two-degree rise above pre-industrial levels. Even if a global rollout of renewable technologies occurred tomorrow, it is unlikely that their energy returns would be sufficient to meet the current energy demand of the global economy. For these reasons, the growth paradigm cannot deliver the economic and social transformation required to meaningfully combat climate and ecological breakdown. If we are to create a just and sustainable future for life on Earth, we must instead look to alternative economic paradigms which explicitly contest the growth imperative. One such paradigm is degrowth.
Degrowth does not represent the opposite of growth, recession, but a complete restructuring of society around values of conviviality, solidarity, and sufficiency.To achieve this aim, degrowth argues for establishing more localized economies, which reduce the reliance on high-emission international trade flows. By strengthening the role of co-operatives, solidarity and sharing economies, production processes could be democratically organized around social and ecological well-being, rather than the resource-insatiable profit motive. As a result, the power of the wage-labour market over peoples’ lives would also be diminished. Consequently, degrowth not only provides a practical route out of climate breakdown but also offers the prospect of simpler, more fulfilling ways of living, where more time can be dedicated to community, relationships and creative pursuits. To reframe Kennedy’s words, degrowth truly has the power to prioritize the things which make life worthwhile.
Earlier this month, on June 6th, the 2020 Global Degrowth Day (GDD) was celebrated around the world. Around 40 events in more than 18 countries were registered and there were many social media posts using the hashtag #GlobalDegrowthDay, which was also celebrated by the Green European Journal and the European Environmental Bureau. Pictures were shared on our facebook event page. Due to the pa...
At the COP24 conference in Poland, countries are aiming to finalise the implementation plan for the 2015 Paris Agreement. The task has extra gravity in the wake of the recent IPCC report declaring that we have just 12 years to take the action needed to limit global warming to that infamous 1.5ᵒC target. Although the conference itself is open to selected state representatives only, many see t...
By Chris Ward In the scientific paper session on technological solutions for a degrowth society, it was refreshing to hear someone (unsurprisingly an engineer) mention that the degrowth movement could do with more practical projects and methodologies to run alongside the theoretical discussions. The OAE Project: Open Data and Open Source software for a sustainable economy The OAE project a...