Not with a bang but with a sustained leak

Real Climate: Why Arctic methane release is bad, not catastrophic. This is a very important post. Many have been deeply worried about the possibility of a so-called "methane gun" in which truly staggering volumes of frozen methane clathrates that sit on and under the ocean floor of the Siberian continental shelf are released in a runaway feedback as the Arctic Ocean warms. Since methane (CH₄) has something like 100 times the warming potential of carbon dioxide over a twenty year period, it has been hypothesized that a rapid release of large volumes of stored methane could cause a sudden and likely catastrophic surge in global temperatures. A variation or accompaniment to this scenario is the rapid release of methane from thawing permafrost in Siberia. In the linked post, a senior climatologist argues that it is far more likely that methane release will be chronic rather than acute, and given methane's relatively short atmospheric residency (about ten years), this will lead to a dangerous (though not immediately catastrophic) rise then stabilisation of methane levels, supplementing but not overwhelming warming from carbon dioxide. However, since atmospheric methane gradually degrades to carbon dioxide in the presence of oxygen, a slow release would not only give a bump to methane levels but would also see carbon dioxide levels continue to rise. Unlike methane, carbon dioxide is basically forever, with about half of any increase in atmospheric concentration we experience likely to remain for centuries and about a quarter likely to remain for at least ten thousand years. So a relief (of sorts) for us. It's a bit like finding that the Nazis don't, as feared, have a nuclear weapon, but they do have twice as many conventional forces as was thought.

CD: A recent NASA study suggests that climate change may modify 40% the earth's surface from one biome (e.g. forest, savanna, tundra, etc.) to another.

ABC Religion and Ethics: The New Evangelicals: How Christians are rethinking Abortion and Gay marriage. Despite being published by the ABC, this piece (an extract from a new book) has its eyes on the US scene. How applicable are the trends it identifies elsewhere amongst evangelicals?

Guardian: More farmers needed. Feeding seven, eight, nine, ten billion without strip-mining the soil, using the atmosphere as a carbon dump, squeezing out biodiversity, depleting finite fuels or overloading rivers, lakes and oceans with nutrients requires more organic poly-cultural farming, which can often be more productive per unit of land overall than present industrial monocultural farming. However, it is less productive per unit of labour, meaning more people employed (again) in growing food, which probably means higher food prices and a greater share of incomes devoted to food. This in turn may help address obesity, though at the risk of increasing malnutrition associated with poverty. Hence, addressing inequality is also critical.

Peter preaches on the parable of the talents (Matthew 25.14-30). This passage is often used as a key plank in a justification of usury. There are elements in the narrative and context that suggest a very different reading. Peter highlights the key theological question lying behind this hermeneutical issue: which kind of God do we serve?

McKibben: On being hopefully naïve about getting corporate money out of US politics and why being cynical is hopeless.

Guardian: What have trees ever done for us?

NYT: My Guantánamo Nightmare. There are good reasons due process has come to be highly cherished in all civil societies.

Monbiot: The limits of vegetarianism, in which George changes his mind and shifts to ethical semi-vegetarianism. The Conversation publishes an even more provocative piece against ecological vegetarianism, and a very interesting discussion in the comments ensues.

SMH: Energy and water. In the 20thC, global energy use increased thirteen-fold and water use increased nine-fold. The two are related and any future has to consider our water habits, which might be less about having short showers than having cold ones, since energy production is one of the most water-intensive things we do (though conversely, where water is scarce, desalination is one of the most energy-intensive things we do).

Five ways to beat the banks

On Monday, I mentioned the documentary Inside Job, which detailed the ways greed, shortsightedness and ideology caused a partial meltdown of the financial industry in 2008. Despite official reassurances, the radioactive material from these events is not safely secured, but continues to poison an ever wider part of the world.* If you have seen the documentary and share something of my anger, you might also share something of my feelings of frustration and impotence. When the scale of the problem is so large, and the corruption of key institutions so widespread, there is no single silver bullet. Especially for those of us outside the US, the issues in the documentary feel even more distant, as we can't vote for a representative promising change.**
*I realise I haven't written on Fukushima yet. A post on nuclear power is coming, one day...
**And who then does nothing about it. On this, as on many fronts, Obama has been deeply disappointing. I can't say I didn't warn myself.

So what can we do? We may not singlehandedly reform or overthrow the vested interests that created the mess, but we can live lives that point to another way. I have listed a few random suggestions, but would also love to hear more.

1. Repent of the love of money. Delight yourself in the goodness of God and open your eyes to the false promises made by wealth. Reject the idea that gaining more is at the heart of your identity or life, or ought to be at the heart of our political vision of life together. This one is foundational to all the others.

2. Reduce your debt. The apostle Paul tells us to "owe nothing to anyone" (Romans 13.8). The power of the banks is debt-fuelled, and never more so than in the last couple of decades. Perhaps there may be times when certain kinds of debt can be justified; but not when debt is used to fuel needless consumption, or goes beyond one's likely means to repay, or results in driving major life decisions ("I need to work long hours to pay off my mortgage"). For us, this has meant deliberately stepping off the property ladder and not using credit cards - almost everything is now paid in cash or, if we have to, then with a debit card.

3. Join the global movement calling for a Robin Hood Tax - also known as a Tobin tax, after the Nobel laureate who first suggested it forty years ago - that would place a tiny tax on financial transactions in order to make short-term speculative transactions less attractive. The money raised would ideally be earmarked for development aid and climate action, but the existence of the tax as a disincentive to rampart speculation is a distinct question and doesn't depend on where the money would be spent. This campaign is gaining significant traction in Europe, though relatively little in the US. The UK response is key as to whether it grows (and would likely pull in the US, if the previous link is correct) or stagnates. This point can be expanded to include supporting any other genuine attempts to reform the financial system.

4. Take your money from a big multinational bank and put it somewhere else, such as a local credit union or co-op bank. In the UK, try The Co-op Bank. I'd love to hear any recommendations in Australia, since we'd like to switch banks there too. Of course, not all banks are equally bad, but it is difficult to find a large multinational bank where your money won't be financing the arms trade, fossil fuel expansion, environmental degradation and so on.

5. As a church, let us not neglect to encourage, disciple and discipline our members who work in major financial institutions. I asked a while back whether Christians can be bankers, and my tongue was only slightly in cheek. Usury is condemned in scripture and throughout Christian tradition (until the last couple of centuries, when it has been redefined as lending at extortionate interest, rather than simply lending at interest). This is a large topic (and the subject of an upcoming post), but the church needs to ask these questions once more today, particularly in the context of the systemic abuses found in such enormous concentrations of power. When tax collectors asked John the Baptist "Teacher, what should we do?", he didn't tell them to quit their job, but gave the radical advice, "Collect no more than the amount proscribed for you" (Luke 3.12-23). What is the radical advice the church is to give our present day "tax collectors", that is, bankers?

Jesus was no capitalist usurer

Brad offers a reading of the parable in Luke 19.11-27 that may turn a few common assumptions on their head. But to my mind it makes a lot of sense of some otherwise uncomfortable details.

The implications of this reading are significant, since it removes one of the few passages used by defenders of usury to claim that Jesus (implicitly) overturns the scriptural prohibition against charging interest on a loan. It goes without saying that this practice is a central pillar of our present economic system.

Can Christians be bankers?

The parable of the unforgiving servant in Matthew 18.23-35 is justly famous as an illustration of the gratuitousness of divine forgiveness. The debt of the first servant is larger than the entire GDP of multiple Roman provinces at the time (or so I have heard). Don't ask how this man had amassed such a debt; dodgy loans are apparently nothing new. Perhaps someone got a tasty commission and knew there was little regulatory oversight. But I digress...

The main point of the parable, however, is not the enormity of the debt forgiven the first servant, but the failure of that servant to treat his neighbour in the light of the forgiveness he himself had just received. It is a striking image of one of Jesus' central teachings: that we are to forgive others as we have been forgiven by our heavenly Father.

Yet listening to this parable in church last Sunday made me wonder: the image is financial; is the application also financial? That is, when Jesus warns against a failure to cancel the debts of one who cannot repay us and says that God will not forgive us if we do not forgive others, is he only talking about moral or relational debts? Are actual monetary debts excluded? I see no reason that they should be. And Jesus isn't talking about restructuring bad debts, or recovering what can be recovered. The entire debt is forgiven.

This is a profound teaching and would, it seems to me, effectively make it impossible for a Christian who takes the teaching of Christ seriously to work at any of the major banks. Thoughts?
I also cannot see how a Christian can work in (much of) the advertising industry either, but that is for other reasons and is perhaps a post for another day.

Growth and justice

"Economic growth is the magic formula which allows our conflicts to remain unresolved. While economies grow, social justice is unnecessary, as lives can be improved without redistribution. While economies grow, people need not confront their elites. While economies grow, we can keep buying our way out of trouble. But, like the bankers, we stave off trouble today only by multiplying it tomorrow. Through economic growth we are borrowing time at punitive rates of interest. It ensures that any cuts agreed at Copenhagen will eventually be outstripped. Even if we manage to prevent climate breakdown, growth means that it’s only a matter of time before we hit a new constraint, which demands a new global response: oil, water, phosphate, soil. We will lurch from crisis to existential crisis unless we address the underlying cause: perpetual growth cannot be accomodated on a finite planet."

- George Monbiot, "This is about us".

This piece, worth reading in full, was written during the height of the Copenhagen conference last December. Yet it has not been rendered irrelevant by the (unsurprising) failures there. This is another way of saying that ecological responsibility cannot be divorced from justice. Though Monbiot doesn't see it, I believe that justice can only be sustainably pursued by love.