The author see the many symptoms of drought that are occurring today in many parts of the world as a stark warning of worse things to come. And, he understands what is causing anthropogenic global warming (AGW) which, in turn, is creating these droughts.
Capitalist carbon man is incapable of monetizing the true value of the earth’s ecological systems because he operates within an economic paradigm that forces him to externalize costs at every turn, leaving the eco-costs of burning ancient carbon to present and future generations. As long as a good’s price signal fails to ‘internalize’ these eco-costs, then price signals will fail to alter social behavior on a scale necessary to avoid climate catastrophe and social collapse. There is no viable free market solution for irreversible glacial melt, acidifying oceans, exponential SLR, or the accelerated 6th mass extinction. Alternative energy will not stop what has already been set into motion. Climate change is market failure writ large for a bubble civilization that is so far off into overshoot that the marketing slogan of a “green, sustainable future” has become a cruel joke.