I see no sign of economic breakdown in sight. More likely is that the economy will keep growing strongly for the rich, or at least protect them from the worst of the damage they've inflicted on the earth, while some of the poor will escape poverty, while others of the poor will be hit hard by climate change.
That's not to play down the seriousness of what's happening to the climate. It's too late to stop it, but I believe we need a massive effort to prevent the worst of it - not the token efforts they're talking about, like 20% cuts by 2020. More like 20% right now, massive investment in R&D and 50% cuts by 2015. (I've more or less pulled those numbers out of the air, but the point is that it's not adequate to define our response in terms of what doesn't impact our current way of life.)
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