Climate change is no longer a future problem. It is here and the effects are all around. Worse, today’s extreme weather events are just a preview of the pain that awaits humanity in the coming decades, almost regardless of how fast we manage to decarbonize the economy this year or next.

Such sobering observations tend to provoke arguments about the importance of “climate optimism.” Pessimism, after all, demotivates. Martin Luther King, Jr. had a dream, not a nightmare, for the future his children would inhabit.

I typically join these calls for optimism. The accelerating pace of the clean-energy race is heartening, as is the emergence of positive socioeconomic feedback loops to match all the negative ones associated with climatic tipping points. Still, while the pace of clean-energy deployment is faster than it has ever been, the world overall is racing in the wrong direction: global greenhouse-gas emissions are still rising.