Sustainability Thought 183: How Would the Structure of a Bipolar World Where Developing Countries Have Dwarf Green Markets and Developed Countries Have Green Markets Look Like? Which World Would Collapse First in an Open System Environment?

Abstract

We know that dwarf green markets and green markets work in opposite ways; and we know that we have been avoiding to shift from the perfect traditional market way of thinking to the perfect green market way of thinking since 2012 Rio + 20 Conference when we had a chance to orderly transition from the environmentally dirty economy to the environmentally clean economy, but we missed it. We missed the opportunity to go beyond business as always as the Brundtland Commission asked the world to do. Imagine that suddenly developed countries decide to go full the green market way as they have the economic resources needed to invest in closing the renewable energy technology gap to transition green markets towards environmentally clean economies, where environmental pollution reduction is now a good profit making opportunity. On the other hand, imagine that developing countries have no choice, but to stay within dwarf green markets as they do not have the economic resources to close their renewable energy technology gaps to transition to environmentally clean world. How would countries behave in a closed system environment in this bipolar world? How would they behave in an open system environment in this bipolar world? And this raises important questions such as: How would the structure of a bipolar world where developing countries have dwarf green markets and developed countries have green markets look like? Which world would collapse under an open system environment? What are the implications of this? Among the goals of this paper is to provide answers to the questions above.