The dangers of climate change are mounting so rapidly that they could soon overwhelm the ability of both nature and humanity to adapt unless greenhouse gas emissions are quickly reduced, according to a major new scientific report released on Monday.

The report by the Intergovernmental Panel on Climate Change, a body of experts convened by the United Nations, is the most detailed look yet at the threats posed by global warming. It concludes that nations aren’t doing nearly enough to protect cities, farms and coastlines from the hazards that climate change has unleashed so far, such as record droughts and rising seas, let alone from the even greater disasters in store as the planet continues to warm.

Written by 270 researchers from 67 countries, the report is “an atlas of human suffering and a damning indictment of failed climate leadership,” said António Guterres, the United Nations secretary general. “With fact upon fact, this report reveals how people and the planet are getting clobbered by climate change.”

…The report also carries a stark warning: If temperatures keep rising, many parts of the world could soon face limits in how much they can adapt to a changing environment. If nations don’t act quickly to slash fossil fuel emissions and halt global warming, more and more people will suffer unavoidable loss or be forced to flee their homes, creating dislocation on a global scale.

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Chemical pollution threatens Earth’s systems by damaging the biological and physical processes that underpin all life. For example, pesticides wipe out many non-target insects, which are fundamental to all ecosystems and, therefore, to the provision of clean air, water and food.

“There has been a fiftyfold increase in the production of chemicals since 1950 and this is projected to triple again by 2050,” said Patricia Villarrubia-Gómez, a PhD candidate and research assistant at the Stockholm Resilience Centre (SRC) who was part of the study team. “The pace that societies are producing and releasing new chemicals into the environment is not consistent with staying within a safe operating space for humanity.”

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What we needed at the Cop26 climate conference was a decision to burn no more fossil fuels after 2030. Instead, powerful governments sought a compromise between our prospects of survival and the interests of the fossil fuel industry. But there was no room for compromise. Without massive and immediate change, we face the possibility of cascading environmental collapse, as Earth systems pass critical thresholds and flip into new and hostile states.

So does this mean we might as well give up? It does not. For just as the complex natural systems on which our lives depend can flip suddenly from one state to another, so can the systems that humans have created. Our social and economic structures share characteristics with the Earth systems on which we depend. They have self-reinforcing properties – that stabilise them within a particular range of stress, but destabilise them when external pressure becomes too great. Like natural systems, if they are driven past their tipping points, they can flip with astonishing speed. Our last, best hope is to use those dynamics to our advantage, triggering what scientists call “cascading regime shifts”.

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– The EPA has stated it believes estimates of methane emissions from landfills may be twice as high as models indicate. While the landfill industry might disagree, numerous field studies have found that methane emissions are actually much higher than estimated. A 2016 study by Germany’s Institute for Energy and Environmental Research identified that landfill operators’ claims of methane recovery left out substantial amounts of emissions.

-Waste management companies are no longer just local contractors and the largest landfill operators are now national publicly traded companies. Substantial sums have been spent at the federal and state level by the waste management industry to influence the development and implementation of regulations. It is clear that waste companies have a vested interest in maintaining the status quo, and are willing to spend to do so.

-As more and more people come to realize the urgency of the climate crisis and the need for real and significant action, the U.S. must follow suit. As European Union Commission President Ursula von der Leyen said before the opening of the COP26 conference in Glasgow, now comes the “moment of truth” that will affect the “survival of mankind.”

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By hiding the real costs of landfills to the public, the true value of recycling is hidden, as well as the critical gains from avoiding environmental disasters associated with releases from waste containment. Bad decisions will follow from incorrect price signals to public decision makers when the cost of prevention cannot be compared to the future costs of managing environmental calamities.

A major cause of under-pricing landfills is the failure of landfill companies or the municipalities to account for the long-term liability of existing landfills, in contravention to the most basic rules for recognizing future costs that will be incurred by failing to act prophylactically today.

Clearly, inclusion of these liabilities on the books as required by standard accounting practice will lead to long-term costs for cities and landfill companies and will have an adverse effect on value and stock price. Current accounting of landfills must be modified to cover generational costs. This will finally give the public realistic measures of current costs vs. future risks, including future costs and future impacts on climate change.
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Determining the real-world financial risks of the current system is absolutely necessary for the public and officials to make the choices that will govern the laws on post-closure management and liability for the next generations. It is impossible to evaluate future municipal financial health without these inclusions.

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