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Capitalism Created the Climate Crisis and Capitalism Will Solve It. The Market Forces Catalyzing a Climate Technology Renaissance. Edition No. 1

  • Book

  • 224 Pages
  • June 2024
  • John Wiley and Sons Ltd
  • ID: 5839687
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.

Table of Contents

Acknowledgments ix

Introduction 1

Part I Where We Are Today 7

Chapter 1 Collision Course: Consumerism, Capitalism, and Climate Crisis 9

Chapter 2 A Primer on Climate Change Today 25

Chapter 3 The Growing Power of Climate Stakeholders and Externalities 37

Chapter 4 Fossil Fuels: Culprit or Savior or Both 53

Chapter 5 The Supply and Demand Dilemma: Short- Versus Long-Term Gains 63

Part II How Capitalism Will Solve the Climate Crisis 77

Chapter 6 The Principles of Stakeholder Capitalism 79

Chapter 7 The Role of Modern Finance, Wall Street, and Private Equity 97

Chapter 8 Governance, Promoting Capitalism, and Efficient Free Market Economies 103

Chapter 9 How Climate Tech Will Transform the Economy 117

Chapter 10 Energy Transition: The Renewable and Clean Energy Revolution 127

Chapter 11 A New Hope: Our Changing Culture 145

Addendum I: My Climate Journey 153

Addendum II: For More Information 159

Glossary 161

Notes 169

Index 197

Authors

Kentaro Kawamori