Global Economist WARNS: "It's Too Late To Stop This"

Economist Steve Keen, who correctly warned of the 2008 financial crash, delivers a stark message: when it comes to climate breakdown, it is already too late to stop it, and the only advice he has left is to brace for impact.

Keen argues that we are, in his words, five inches from a brick wall and not slowing down in time. He believes the beginnings of a breakdown in our capacity to maintain civilization could arrive within the next 10 years, and he worries he may even be putting that timeline too far into the future. He traces the failure back 50 years, to a moment when engineers at MIT laid out exactly what was coming, and politicians who listened to media and oil interests trivialized the danger instead.

He gets specific about what breakdown could look like. He points to the Atlantic Meridional Overturning Circulation, the AMOC, the ocean current system that regulates Europe's climate. Recent estimates suggest it could stop functioning sometime between now and 2095. If it does, Keen says the temperature across Europe could fall by roughly three degrees per decade for three decades, a 10-degree average drop, with extremes in London ranging from minus 20 to plus 35. He questions whether a country that grinds to a halt over leaves on the train tracks is remotely prepared for that scale of disruption.

Steven pushes the conversation toward solutions and grounds it in what is actually possible. A world government is not going to happen. The level of global coordination required is not realistic. So rather than despair, the argument lands on the one thing that can be done: redirect the money currently spent trying to mitigate the problem into creating forms of energy that produce no emissions, fuel prosperity, and drive innovation, instead of assuming we are all doomed and nothing can be done.

Discover:

• Why an economist who predicted 2008 says it is already too late to stop climate breakdown

• What "brace for impact" actually means for the next 10 years

• The AMOC collapse that could drop Europe's temperature by 10 degrees

• Why London could swing between minus 20 and plus 35 degrees

• How engineers warned us 50 years ago and were ignored

• Why world government and global coordination are not realistic solutions

• The one realistic response: emission-free energy that also fuels prosperity

• How disruption in the Strait of Hormuz could trigger a global food shock

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