As the dangers of climate change come closer to threatening humanity and our planet, international companies are trying to become the environmental saviors by switching to a philosophy of environmental capitalism. According to ISR, “Green Capitalism or Economic Capitalism is an approach that says we can use the levers of the market to fix the broken environment” (Rogers). This philosophy is key in Climate Capitalism by Hunter Lovins and in Time to Choose by Charles Ferguson. Both illustrate the advantages of mixing capitalism and environmentalism to fight climate change. Capitalism can be a leader in switching to green and renewable technology and unleashing the new green economy.
First, Corporations are using the advantages of renewable …show more content…
According to the UN, “ The Green economy is one that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities. It is low carbon, resource efficient, and socially inclusive” (UN). In Time to Choose, two solar companies SolarCity and Solargentivity are recipients of the green economy as both are growing tremendously fast. Lovins agrees with the model that green companies are using. For example, he states, “The Clean-tech revolution, is a field made for climate capitalists large and small” (Lovins, p.85). These two solar companies smaller climate capitalists compared to the large nations that are beginning a green revolution of their own. China has been a country heavily influenced and powered by the coal industry. In Time to Choose, it is shown that coal supplies most of China’s energy. This has severely impacted the lives of the chinese. According to Time to Choose, “1,000,000” chinese have died of the black lung by trying to extract coal from the mines and half of China’s rivers and over 80% of its urban drinking water is polluted. As a result, a green revolution has occurred in China as many solar and wind companies are booming. A similar sentiment of green capitalism in China shown in Climate Capitalism as Lovens praises the Chinese for ditching cars and relying on bikes. Resisting the urges of driving a gas guzzling vehicle as created a new market in the Chinese economy for electric bikes. For example, Lovins states, “One of China’s electric bike leaders is a company named Luyuan- “green power” in Chinese- with 1,800 employees, that sells more than 500,000 electric bikes each year in China and abroad” (Lovins, p.176). The Chinese contribute the most greenhouse gasses in the world and it is absolutely necessary for this large nation to adapt to Environmental
First, Corporations are using the advantages of renewable …show more content…
According to the UN, “ The Green economy is one that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities. It is low carbon, resource efficient, and socially inclusive” (UN). In Time to Choose, two solar companies SolarCity and Solargentivity are recipients of the green economy as both are growing tremendously fast. Lovins agrees with the model that green companies are using. For example, he states, “The Clean-tech revolution, is a field made for climate capitalists large and small” (Lovins, p.85). These two solar companies smaller climate capitalists compared to the large nations that are beginning a green revolution of their own. China has been a country heavily influenced and powered by the coal industry. In Time to Choose, it is shown that coal supplies most of China’s energy. This has severely impacted the lives of the chinese. According to Time to Choose, “1,000,000” chinese have died of the black lung by trying to extract coal from the mines and half of China’s rivers and over 80% of its urban drinking water is polluted. As a result, a green revolution has occurred in China as many solar and wind companies are booming. A similar sentiment of green capitalism in China shown in Climate Capitalism as Lovens praises the Chinese for ditching cars and relying on bikes. Resisting the urges of driving a gas guzzling vehicle as created a new market in the Chinese economy for electric bikes. For example, Lovins states, “One of China’s electric bike leaders is a company named Luyuan- “green power” in Chinese- with 1,800 employees, that sells more than 500,000 electric bikes each year in China and abroad” (Lovins, p.176). The Chinese contribute the most greenhouse gasses in the world and it is absolutely necessary for this large nation to adapt to Environmental