August 28, 2014
(The Difficulty of) Looking at Climate Change
Posted on Oct 10, 2013
By Rebecca Solnit, TomDispatch
The Great Wall, Brick by Brick
The changes required to address climate change are colossal, but they are made up of increments and steps and stages that are more than possible. Many are already underway, both as positive changes (adaptation of renewable energy, increased energy efficiency, new laws, policies, and principles) and as halts to destruction (for example, all the coal-fired plants that have not been built in recent years and the Tar Sands pipeline that, but for popular resistance, would already be sending its sludge from Alberta to the Gulf of Mexico). The problem is planetary in scale, but there is room to mitigate the worst-case scenarios, and that room is full of activists at work. Much of that work consists of small-scale changes.
As Sierra Club Executive Director Michael Brune put it last week, “Here’s the single most important thing you need to know about the IPCC report: It’s not too late. We still have time to do something about climate disruption. The best estimate from the best science is that we can limit warming from human-caused carbon pollution to less than 3.6 degrees Fahrenheit—if we act now. Bottom line: Our house is on fire. Rather than argue about how fast it’s burning, we need to start throwing buckets of water.”
There are buckets and bucket brigades. For example, the movement to get universities, cities, churches, and other entities to divest their holdings of the top 200 fossil-fuel stocks could have major consequences. If it works, it will be achieved through dedicated groups on this campus or in that city competing in a difficult sport: budging bureaucrats. It’s already succeeded in some key places, from the city of Seattle to the national United Church of Christ, and hundreds of campaigns are underway across the United States and in some other countries.
Square, Site wide
I hear people who are either uninformed or who are justifying disengagement say that it’s too late and what we do won’t matter, but it does matter, because a rise in the global temperature of two degrees Celsius is going to be very, very different from, say, five degrees Celsius for almost everything living on Earth now and for millennia to come. And there are still many things that can be done, both to help us adapt to the radical change on the way and to limit the degree of change to which we’ll have to adapt. Because it’s already risen .8 degrees and that’s been a disaster—many, many disasters.
I spent time over the last several months with the stalwarts carrying on a campaign to get San Francisco to divest from its energy stocks. In the beginning, it seemed easy enough. City Supervisor John Avalos introduced a nonbinding resolution to the Board of Supervisors, and to everyone’s surprise it passed unanimously in April on a voice vote. But the board turned out only to have the power to recommend that the San Francisco Retirement Board do the real work of divesting its vast holdings of fossil-fuel stocks. The retirement board was a tougher nut to crack.
Its main job, after all, is to ensure a safe and profitable pension fund and in that sense, energy companies have, in the past, been good investments. To continue on such a path is to be “smart about the market.” The market, in the meantime, is working hard at not imagining the financial impact of climate change.
The failure of major food sources, including fishing stocks and agricultural crops, and the resultant mass hunger and instability—see Syria—is going to impact the market. Retirees in the beautiful Bay Area are going feel it if the global economy crashes, the region fills with climate refugees, the spectacularly productive state agricultural system runs dry or roasts, and the oceans rise on our scenic coasts. It’s a matter of scale. Your investments are not independent of nature, even if fossil-fuel companies remain, for a time, profitable while helping destroying the world as humanity has known it.
Some reliable sources now argue that fossil-fuel stocks are not good investments, that they’re volatile for a number of reasons and due to crash. The IPCC report makes it clear that we need to leave most of the planet’s fossil fuel reserves in the ground in the coming decades, that the choice is either to fry the planet or freeze the assets of the carbon companies. Activists are now doing their best to undermine the value of the big carbon-energy corporations, and governments clued in to the new IPCC report will likely join them in trying to keep the oil, gas, and coal in the ground—the fossil fuel that is also much of the worth of these corporations on paper. If we’re lucky, we’ll make them crash. So divesting can be fiscally sound, and there is a very strong case that it can be done without economic impact. But the crucial thing here isn’t the financial logistics of divestment; it’s the necessity of grasping the scale of things, understanding the colossal nature of the problem and the need to address it, in part, by pressuring one small group or one institution in one place.
To grasp this involves a feat of imagination and, I think, a leap of faith: a kind of conviction about what matters, about living according to principle, about understanding what is too big to be seen with your own eyes, about correlating data on a range of scales. A lot of people I know do it. If we are to pull back from the brink of catastrophe, it will be because of their vision and their faith. You might want to thank them now, and while your words are nice, so are donations. Or you might want to join them.
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