Tag Archives: Dr. Mora

Counting down the days to the Great Transformation

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The world as we know it has been coming to end for years now. We haven’t had to look far to perceive the portents of impending doom: in the entrails of Wall Street corpses; in the tea leaves of governments that no longer work; in the uromancy that predicts widening income gaps between the rich and the rest.

We just haven’t been able to reliably nail down a year for the Great Transformation. Until now.

A researcher at the University of Hawaii, who used to work at Dalhousie University in Halifax, N.S., thinks he knows. The point of no return will arrive. . .wait for it. . .in 2047. . .give or take.

Camillo Mora, who studies numbers for a living, tells the Globe and Mail’s science reporter Ivan Semeniuk that, overall, this is the year in which climate change will become a permanent feature of life on Earth. . .more or less.

According to the article, “The turning point arrives. . .as a worldwide average, if fossil fuel consumption continues unabated; as late as 2069 if carbon emissions are curbed. City by city, the numbers are a bit more revealing. In Montreal, for example, the new normal will arrive in 2046, and for Vancouver not until 2056. But the real spotlight of Dr. Mora’s study is the tropics, where profound changes could be entrenched in little more than a decade.”

As the good doctor says, “Today, when people talk about climate change, the images that come to mind are melting ice and polar bears. People might infer from this that the tropics will be less affected.”

People would be wrong.

But, then, there’s nothing new about that.

Once, not very long ago, people assumed that economic globalization would insert several chickens in pots from Beijing to Kalamazoo – that gross domestic products around the world would rise like juggernauts, heedless of any and all counterforces they may encounter.

Once, not very long ago, people assumed that democratically elected governments served the best, common interests of the majority of voters – that reason and circumspection would effectively quell fanatical and reactionary figures intent on reshaping the public sphere in their own ideologically pinched and impoverished image.

Now comes word from the International Monetary Fund (IMF) that, generally speaking, the world’s got itself in an economic ringer – one from which it is not likely to emerge any time soon. Welcome to the age of slow growth.

“Emerging economies have cooled off,” an item in The New York Times reveals. “Europe remains in the doldrums. The United States is facing fiscal uncertainty, and its powerful central bank is contemplating easing up on its extraordinary stimulus efforts, with potentially global ramifications.”

As things stand, the IMF “foresees the world economy increasing by about 2.9 per cent in 2013 and 3.6 per cent in 2014. That is down from 5.4 per cent in 2007, before the global recession hit.”

If its predictions pan out, a few will be spared, thanks to their impenetrable cocoons of wealth and privilege. But most can expect lower standards of living, fewer good jobs, higher costs and increasing poverty and homelessness.

Meanwhile, over in Washington, D.C., legislators are twiddling their thumbs.

“The federal government shutdown and looming deadline to raise the debt ceiling have merged into one major problem on Capitol Hill, though neither issue has a resolution in sight as the government shutdown heads into its second week,” CBS News reports. “Democrats and Republicans (have) dug further into their respective positions: Republicans are calling on Democrats to negotiate over a short-term spending bill and a debt-ceiling increase, and President Obama says he is ready to negotiate over any topic – once the Republicans pass legislation to re-open the government and raise the U.S. borrowing limit without any conditions.”

All of which prompted Laurence Booth of the University of Toronto’s esteemed Rotman School of Management to tell the Toronto Star, “Any sane person obviously believes the U.S. isn’t going to default. That would cause an earthquake in financial markets around the globe.”

Of course, once upon a time, any sane person obviously believed that climate change could very well spell the end of the world – at least, as we know it.

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Counting down the days to the Great Transformation

DSC_0074

The world as we know it has been coming to end for years now. We haven’t had to look far to perceive the portents of impending doom: in the entrails of Wall Street corpses; in the tea leaves of governments that no longer work; in the uromancy that predicts widening income gaps between the rich and the rest.

We just haven’t been able to reliably nail down a year for the Great Transformation. Until now.

A researcher at the University of Hawaii, who used to work at Dalhousie University in Halifax, N.S., thinks he knows. The point of no return will arrive. . .wait for it. . .in 2047. . .give or take.

Camillo Mora, who studies numbers for a living, tells the Globe and Mail’s science reporter Ivan Semeniuk that, overall, this is the year in which climate change will become a permanent feature of life on Earth. . .more or less.

According to the article, “The turning point arrives. . .as a worldwide average, if fossil fuel consumption continues unabated; as late as 2069 if carbon emissions are curbed. City by city, the numbers are a bit more revealing. In Montreal, for example, the new normal will arrive in 2046, and for Vancouver not until 2056. But the real spotlight of Dr. Mora’s study is the tropics, where profound changes could be entrenched in little more than a decade.”

As the good doctor says, “Today, when people talk about climate change, the images that come to mind are melting ice and polar bears. People might infer from this that the tropics will be less affected.”

People would be wrong.

But, then, there’s nothing new about that.

Once, not very long ago, people assumed that economic globalization would insert several chickens in pots from Beijing to Kalamazoo – that gross domestic products around the world would rise like juggernauts, heedless of any and all counterforces they may encounter.

Once, not very long ago, people assumed that democratically elected governments served the best, common interests of the majority of voters – that reason and circumspection would effectively quell fanatical and reactionary figures intent on reshaping the public sphere in their own ideologically pinched and impoverished image.

Now comes word from the International Monetary Fund (IMF) that, generally speaking, the world’s got itself in an economic ringer – one from which it is not likely to emerge any time soon. Welcome to the age of slow growth.

“Emerging economies have cooled off,” an item in The New York Times reveals. “Europe remains in the doldrums. The United States is facing fiscal uncertainty, and its powerful central bank is contemplating easing up on its extraordinary stimulus efforts, with potentially global ramifications.”

As things stand, the IMF “foresees the world economy increasing by about 2.9 per cent in 2013 and 3.6 per cent in 2014. That is down from 5.4 per cent in 2007, before the global recession hit.”

If its predictions pan out, a few will be spared, thanks to their impenetrable cocoons of wealth and privilege. But most can expect lower standards of living, fewer good jobs, higher costs and increasing poverty and homelessness.

Meanwhile, over in Washington, D.C., legislators are twiddling their thumbs.

“The federal government shutdown and looming deadline to raise the debt ceiling have merged into one major problem on Capitol Hill, though neither issue has a resolution in sight as the government shutdown heads into its second week,” CBS News reports. “Democrats and Republicans (have) dug further into their respective positions: Republicans are calling on Democrats to negotiate over a short-term spending bill and a debt-ceiling increase, and President Obama says he is ready to negotiate over any topic – once the Republicans pass legislation to re-open the government and raise the U.S. borrowing limit without any conditions.”

All of which prompted Laurence Booth of the University of Toronto’s esteemed Rotman School of Management to tell the Toronto Star, “Any sane person obviously believes the U.S. isn’t going to default. That would cause an earthquake in financial markets around the globe.”

Of course, once upon a time, any sane person obviously believed that climate change could very well spell the end of the world – at least, as we know it.

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