The amount of heat-trapping carbon dioxide in the air jumped dramatically in 2012, making it very unlikely that global warming can be limited to another 2 degrees as many global leaders have hoped, new federal figures show.
Scientists say the rise in CO2 reflects the world's economy revving up and burning more fossil fuels, especially in China.
Marx wrote that when ever capitalism reaches a limit it does its best to transform it into a barrier. You can do nothing more with a limit, but you can climb over a barrier and continue on as before. But the problem with this process is that not all things can become barriers. Somethings do come to an end. Compound growth, which has been sustained by financialization (which comes down to the exploitation of the future—it's telling that the GOP only worries about the future when it comes to government debts) and the relocation of industrial production from rich nations to poor ones—will hit a limit. Eternal compound growth, even at 2 percent, exists only in the minds of madmen. Also, only madmen believe that nature does not have a limit.