<p>Environmentalists in the United Kingdom are pressing for &#8220;economy-wide&#8221; lockdowns, similar to those put into place to slow the spread of the novel coronavirus, in order to address the creeping threat of climate change.</p>
<p>In an op-ed published Monday, Mariana Mazzucato argues that the world is approaching such a tipping point on climate change that the only solution could be global economic lockdowns, temporarily &#8212; if not permanently &#8212; ending industry, travel, entertainment, and consumption in order to preserve the planet, even if it&#8217;s not clear that the effect would itself be permanent.</p>
<p>&#8220;As COVID-19 spread earlier this year, governments introduced lockdowns in order to prevent a public health emergency from spinning out of control. In the near future, the world may need to resort to lockdowns again—this time to tackle a climate emergency,&#8221; Mazzucato says.</p>
<p>&#8220;Shifting Arctic ice, raging wildfires in western U.S. states and elsewhere, and methane leaks in the North Sea are all warning signs that we are approaching a tipping point on climate change when protecting the future of civilization will require dramatic interventions,&#8221; she continues.</p>
<p>The plan, of course, isn&#8217;t designed just to end the world&#8217;s dependence on fossil fuel but also to curtail the spread of capitalism, and the lockdown itself would extend far beyond what&#8217;s been put into place to prevent the spread of coronavirus. Environmentalists seeking a &#8220;climate lockdown&#8221; propose a ban on everything from driving private vehicles to consuming red meat, even if the science isn&#8217;t settled on whether those efforts make any meaningful impact on climate change.</p>
<p>&#8220;Under a &#8216;climate lockdown,&#8217; governments would limit private-vehicle use, ban consumption of red meat, and impose extreme energy-saving measures, while fossil-fuel companies would have to stop drilling,&#8221; she says. &#8220;To avoid such a scenario, we must overhaul our economic structures and do capitalism differently.&#8221;</p>
<p>In fact, the plan sounds an awful lot like the abortive &#8220;Green New Deal&#8221; authored by Rep. Alexandria Ocasio-Cortez, which includes a number of radical changes to the American economy, including a near-complete ban on domestic air travel and, according to an explainer released alongside the Green New Deal bill, an end to cows.</p>
<p>&#8220;Addressing this triple crisis requires reorienting corporate governance, finance, policy, and energy systems toward a green economic transformation. To achieve this, three obstacles must be removed: business that is shareholder-driven instead of stakeholder-driven, finance that is used in inadequate and inappropriate ways, and government that is based on outdated economic thinking and faulty assumptions,&#8221; Mazzucato offers.</p>
<p>Such a lockdown would, of course, create a permanent change, but perhaps not for the environment. <a href="https://fortune.com/2020/09/28/covid-buisnesses-shut-down-closed/">According to Fortune Magazine,</a> the COVID-19 lockdowns have been devastating for businesses. Nearly 100,000 independent establishments that shuttered under lockdown orders will never reopen again, per estimates. In New Jersey alone, <a href="https://thehill.com/homenews/state-watch/527901-almost-one-third-of-small-businesses-in-new-jersey-have-have-closed">The Hill adds</a>, almost one-third of businesses have closed permanently.</p>
<p>Unemployment remains high, and the Biden administration is already promising a nationwide shutdown if the coronavirus pandemic is still raging in January, leaving investors concerned.</p>

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Environmentalists Now Pressing For ‘Economy-Wide Lockdowns’ To Address Climate Change