[Third of three parts]
I am a climate pessimist. I believe (regrettably) that humanity will not meet the climate challenge with sufficient strength to save our grandchildren from living in a climate-damaged world. Humanity (regrettably) will not make what sacrifice is necessary today in order to ensure a better life for our ancestors forty years hence. The reason is that we are narrowly focused on maximum well-being in the short term. This short-termism is reflected in the systems of governance that we have chosen to dominate our lives: Both democracy and capitalism place more emphasis on costs today that on benefits forty years in the future.