Hence, we are now in a new geopolitical age. The world has developed a powerful economic engine, based on ever-improving communications, technology and convergent economic growth. But 3 major challenges remain for sustainable development:
• ending residual poverty in Sub-Saharan Africa, the Andean highlands and Central Asia
• controlling population growth
• inducing environmental sustainability
What should be expected of China?
China is critical to the process of sustainable development. Yet compared to more industrialised nations China is responsible for far less of the damage from industrial development. It appears that China may need to quell its growth for the global good.
Yet nature, Sachs argues, doesn’t care about fairness. And that leaves 4 expectations of China:
• to be a global donor rather than recipient of aid— China’s engagement with Africa is a positive contemporary example
• a need to engage with the world and push forward on economic integration. The world doesn’t have the ability to give China the time to concentrate on its own development problems
• a need to become a greater force for peace- the examples of North Korea (positive) and Zimbabwe (negative) were noted here
• the need to become an innovator in its own right.
Conclusions
Sachs’ focus is on technology. He believes that the most pertinent question at present is that of what kind of technological transformations are necessary to allow both economic growth and sustainability. He sees technological improvements both affecting supply– carbon sequestration, nuclear power and mass solar– and quelling consumption needs– more efficient cars and batteries. He argues that we should focus on talking about environmental technologies rather than systems of permits, caps and trades, which he sees as opaque and biased against developing countries. He believes that China will agree to join international programs should they be able to access technologies whilst avoiding ‘dependence’.
Questions
Professor Ross Garnaut observes that the problem is one of how creation of the incentives to invest in these technologies, and to apply them, can be provided while still avoiding the prisoner’s dilemma. Sachs’ belief in technology as creating the institutions to curb emissions may thus put the cart before the horse.
Geosequestration of liquid CO2 is in fairyland. It is carbon negative, high cost, high tech, could take 20-30 years to develop,and even then it may not work! We cannot camble on pumping CO2 underground and hoping it never leaks.
The low cost, low tech method of carbon sequestration that was proven to work 7000 years ago in the Amazon Basin is biochar. This gets around an unspoken complication of trees as carbon offsets. Trees only sequester carbon for the life of the tree, then release it again when they die and rot. Converting the wood to low temperature coarcoal is a long term (virtually permanent) way to sequester carbon, plus it biochar also improves soil fertility. The rich, dark anthropogenic soils of the Amazon Basin called terra preta are proof that it works. It is the way to help kill two birds (carbon capture and food shortages) with the one stone.
Nuclear power is not sustainable either. Uranium is another natural ‘resource’ which is not renewable. There is only a finite amount of uranium in the ground and it is already being dug up faster. We already know the dangers of peak oil so it would be insane to invest so much in more nuclear power when we could be as little as 20 years away from “peak uranium”.
[…] All the evidence (during the oil crisis of the 1970s and now) is that it is the change in the relative price of carbon fuels that leads to their economisation and the investment in the new technologies that reduces their use. When pressed, even Jeff Sachs admits that there is no technology fix for unsustainable development without a change in the price we pay for carbon emissions one way or another [Sachs video here and summary of speech here]. […]
[…] Is Development Sustainable? Jeffrey Sachs sees the world as having to move from industrial development to sustainable development. […]