We Must Stop Climate Change and Inequality
When people talk about “system transformation,” what do they really mean? The general idea is that the values and institutions of the current economy are pushing us toward debilitating economic instability, environmental destruction, climate change, concentration of wealth, and political corruption. And what we need instead is a healthy, more equitable system that is resilient enough to bounce back in the aftermath of a disturbance.
The U.S. Congress has an opportunity to take a step towards system transformation in the current debate over energy development in Africa. Unfortunately, the bill on the table, the Electrify Africa Act, is largely stuck in the old economic system.
As my colleagues explain in The Nation, climate activists have managed to insert a few positive elements in this bill, including some support for decentralized renewable energy. But because the bill still leaves the door wide open to fossil fuel projects that will mostly benefit large corporations, it doesn’t go far enough to protect people or their environment.
Not only are we fighting against these kinds of policies but we are also developing the values and institutions for the New Economy system that drive it to self-correct toward Ecological Balance, Equitable Distribution and Living Democracy.
We are helping to develop and promote the New Economy and a Just Transition by supporting critical system transformation initiatives like the global campaign to divest from fossil fuels and invest in clean energy initiatives like the ones listed on Energy Democracy for All.
I’ve included a few articles below that highlight a few New Economy Just Transition solutions to climate change.
New Economy Coordinator
New Economy Working Group, IPS