Capitalism Created the Climate Crisis and Capitalism Will Solve It: The Market Forces Catalyzing a Climate Technology Renaissance - Hardcover

by Kentaro Kawamori (Author)

Creative and practical free-market solutions to climate change

In Capitalism Created the Climate Crisis and Capitalism Will Solve It: The Market Forces Catalyzing a Climate Technology Renaissance, distinguished author Kentaro Kawamori delivers a fascinating and timely exploration of the interplay between capitalism and climate change. He explains how the capitalist system helped to contribute to the current crisis of global warming and how that same system will help to end it.

In the book, the author discusses the enormous impact of the climate crisis and how the government, the modern finance industry, the fossil fuel industry, and others combined to accelerate the warming of the world. He then considers the roles those same players will play to reverse this effect in the coming years.

You'll also find:

• Discussions of how climate tech innovations will transform the economy and how technology disruptors will become involved in the process
• The ways the energy industry will change to incorporate the realities and consequences of a warming climate
• Explorations of the incentives created by free market structures and how to include climate stakeholders in the discussion

An engaging and exciting new resource for anyone interested in the intersection of economics, business, and the environment, Capitalism Created the Climate Crisis and Capitalism Will Solve It contains practical and thoughtful climate prescriptions for a world desperately in need of them.

Front Jacket

While the scientific cause of global warming is well established, the study of the economic and social origins of the climate crisis has lagged behind. Without such critical analysis, we remain in the dark about how we got into this mess and how to get out of it. Capitalism Created the Climate Crisis and Capitalism Will Solve It closes this gap, offering a persuasive and comprehensive discussion, beginning with how the industrial revolution, along with its subsequent innovations and social transformations, ushered in and fed the defining trait of this period: consumerism. Climate specialist Kentaro Kawamori shows how humanity came to overdraw the earth's carbon bank account, putting both the planet and its inhabitants in a hazardous situation.

Armed with this background knowledge, readers are prepared for the book's groundbreaking second half--an accounting of the tools capitalism already possesses for addressing the climate crisis. Many of these tools are already in use, in every industry, and around the world. The major shifting landscape of the last decade hasn't even been climate, it's been financial-- investors increasingly understand the importance of viewing climate risk as a financial risk. Consequently, regulatory agencies whose constituents are investors are quickly standardizing and issuing mandatory climate disclosure regulations for business. For their part, businesses are adopting net-zero carbon emission commitments, utilizing clean energy and renewable materials, and putting muscle behind the development of breakthrough carbon-capture technologies.

These advances, along with new strategies still in their infancy, promise to leverage the strengths of capitalism to help reverse the damage wrought by overconsumption. And Kawamori delivers even better news that--with the right regulatory and market incentives, repair can happen faster than we think. Capitalism Created the Climate Crisis and Capitalism Will Solve It is a uniquely hopeful book that offers clarity and inspiration to anyone concerned about our collective future, and interested in taking steps to foster a more sustainable global economy or business.

Back Jacket

THERE IS HOPE FOR THE FUTURE, AND CLIMATE RECOVERY IS ALREADY UNDERWAY

Capitalism Created the Climate Crisis and Capitalism Will Solve It is a book whose title says it all. From the industrial revolution and the fossil fuel industry to the free market and Wall Street, the market forces that transformed the world starting in the mid-1700s led to some alarming consequences. Inside, climate tech thought leader Kentaro Kawamori explains exactly how it all happened--and what today's groundbreaking entrepreneurs, investors, legislators, and activists are doing about it.

It would be natural to want to dismantle the system that generated catastrophic climate instability. But the same system has also generated incredible advances, including renewable energy, stakeholder accountability, and climate tech innovations that are poised to revolutionize--without destroying--our capitalist economy. Best of all, these solutions are already in place and gaining speed. For anyone who wants to know more about how capitalism can and will save the planet, and how to be part of the solution, Capitalism Created the Climate Crisis and Capitalism Will Solve It is a must-read.