Reducing global trade would cut carbon emissions

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If the world's leaders really cared about climate change, there's one easy way to reduce emissions, writes John Weeks - drop the obsession with increasing trade, and all the pollution that goes with it. A world based on local production, consumption and finance will be a better one for people and the environment. Let us join Keynes to imagine if we can a world in which goods are 'homespun' and finance is 'primarily national'. If we cannot imagine such a world, there is little hope for the planet. The Obama administration has proposed several ad hoc multi-country economic agreements, and in doing so has abandoned de facto the World Trade Organization (WTO) as insufficiently malleable to its interests.

If the world's leaders really cared about climate change, there's one easy way to reduce emissions, writes John Weeks - drop the obsession with increasing trade, and all the pollution that goes with it. A world based on local production, consumption and finance will be a better one for people and the environment.

Let us join Keynes to imagine if we can a world in which goods are 'homespun' and finance is 'primarily national'. If we cannot imagine such a world, there is little hope for the planet.

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The Obama administration has proposed several ad hoc multi-country economic agreements, and in doing so has abandoned de facto the World Trade Organization (WTO) as insufficiently malleable to its interests.

The two most important of these are the Trans-Pacific Partnership (TPP) and the more recent Transatlantic Trade and Investment Partnership (TTIP).

Even as the latter was being negotiated by US and EU officials, the World Meteorological Organization (WMO) reported that the increase in greenhouse gases is more rapid than expected.

The organisation's secretary-general warned that humankind is "running out of time" to reverse rising levels of carbon dioxide that drive climate change.

These two items, agreements to increase world trade and rapidly rising greenhouse gases, call for a bit of 'linked up thinking'.

Cargo containers image via Shutterstock.

Read more at ENN Affiliate, The Ecologist.