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A Global Green New Deal (GGND)—that includes Arctic sea ice climate triage and carbon cycle climate restoration, and that, following Eisenberger (2020), would move us toward a renewable energy and materials economy (REME)—is necessary to turn our current civilization and species-threatening climate crises into an opportunity to stabilize our planet's climate and advance to a new, more equitable and prosperous stage of human development. Imminent, potentially catastrophic, global climate impacts of Arctic sea ice loss, the first global climate "tipping point," are reviewed, and practical and efficient potential climate triage methods for avoiding this are summarized. Longer-term carbon dioxide removal (CDR) and carbon capture, sequestration, and use (CCSU) methods, that would move us toward long-term carbon cycle climate restoration, are presented. A general reframing of climate policy and specific GGND policy proposals—that include Arctic sea ice climate triage and carbon cycle climate restoration that would rapidly move us toward a REME and avoid increasingly catastrophic climate impacts—are proposed. JEL Classification : Q53, Q54, Q55, Q56, Q58 [ABSTRACT FROM AUTHOR]

The article offers information on the Green New Deal framework for climate stabilization. It discusses the global efforts to mitigate the climate change by controlling the carbon-dioxide emission, a.long with information on the International Energy Agency's energy policy framework for controlling the carbon-dioxide emission. It mentions the work of Peter Victor that aims to demonstrate how advanced economies could function effectively within a degrowth framework.