breakdown: A new model is needed to rapidly create societies that are more sustainable, just and prepared bringing human activity to within environmentally sustainable limits while narrowing inequality, improving quality of life, and becoming better prepared for the accelerating consequences of environmental breakdown, says the discussion document by the Institute for Public Policy Research, according to The Guardian. To ensure a green future the UK cannot rely on free markets alone Richard Partington Read more The paper is a follow-up to a widelycirculated IPPR study, published in February, that said a gathering storm of human-caused threats to climate, nature and economy posed a danger of systemic crash comparable to the 2008 financial crisis. The paper says policymakers have made a catastrophic mistake by underestimating the risks posed by environmental breakdown and the potential benefits of switching to a different economic approach that focuses on building abundance rather than running down resources. To avoid this, the document says there is an urgent need for parliament to pass a Sustainable Economy Act that would mandate statutory targets to rapidly reduce the effects of declining soil fertility, air quality, pollinator numbers, fish stocks, wildlife diversity and other benchmarks of a healthy environment. The model would be the Climate Change Act 2008, which put Britain at the forefront of efforts to ensure economic activity was aligned with goals to reduce emissions of carbon dioxide and other greenhouse gases that cause global heating. The move would effectively place a full sustainability constraint on all UK economic activity, allowing natural abundance to recover for the common good instead of running it down to the detriment of all but a super-wealthy minority.
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