We can do two things to push the biophysical limits to growth further back: increase resource efficiency (do more with less) and replace finite resources with renewable energy and materials – in other words, we need to tap the potentially infinite sources of prosperity.
These are words by Ralf Fücks, the president of the German Heinrich Böll Foundation, derived from a recent commentary in Die Zeit, translated into English for the TripleCrisis blog. Though I generally agree with the author, there are some parts of his argumentation that I am rather skeptical about. One of them is a common error made by people calling for a transition to a “green” economy: the argument that replacing non-renewable with renewable resources will solve the problem. Continue reading
The Sceptical Economist 