Notes
1 Helpful comments on a previous draft were provided by Melissa Leach, Wilfried
Lütkenhorst, Anna Pegels and Carlota Perez.
2 Or is it that the hell scenario does not look so hellish? As suggested earlier, shifting the
narrative from climate change to climate chaos would make the scientific discourse more
real for most citizens.
3 For an overview of China’s high carbon legacies and low-carbon initiatives, see Slusarska
(2013).
4 The green burden to consumers is higher than expected partly because the amount of
renewable energy produced is higher than expected and partly because there are more
exceptions for industry than expected. The burden sharing is lop-sided.
5 Sovereign wealth funds are likely to play a role in changing this balance, for instance,
the Norwegian oil fund, which collects taxes from oil profits and invests the money in
stocks, is reassessing its investment portfolio.
184 Hubert Schmitz
1 Helpful comments on a previous draft were provided by Melissa Leach, Wilfried
Lütkenhorst, Anna Pegels and Carlota Perez.
2 Or is it that the hell scenario does not look so hellish? As suggested earlier, shifting the
narrative from climate change to climate chaos would make the scientific discourse more
real for most citizens.
3 For an overview of China’s high carbon legacies and low-carbon initiatives, see Slusarska
(2013).
4 The green burden to consumers is higher than expected partly because the amount of
renewable energy produced is higher than expected and partly because there are more
exceptions for industry than expected. The burden sharing is lop-sided.
5 Sovereign wealth funds are likely to play a role in changing this balance, for instance,
the Norwegian oil fund, which collects taxes from oil profits and invests the money in
stocks, is reassessing its investment portfolio.
184 Hubert Schmitz