You may be surprised as I was by the conclusion drawn by this economist in this just published piece in a reformist oriented economics journal. Indeed, I was rather shocked, but also delighted. It "made (more than) my day"! This is the best piece that I have posted in my more than three and half years of blogging. If this is an opening crack in the iron wall of capitalist economics thinking, then the possibilities for the survival of the human race and many other species are greatly enhanced.
When, on May 10th, scientists at Mauna Loa Observatory on the big island of Hawaii announced that global CO2 emissions had crossed a threshold at 400 parts per million (ppm) for the first time in millions of years, a sense of dread spread around the world and not only among climate scientists.