“Every time the IPCC publishes a new report, they always seem to target governments to make changes. But the real targets should be these mega-regions which are ultimately dominated by the corporate elite. The corporate elite and their institutions are the ones responsible for how this world has been shaped.” — Chris Smiley of The Peace Report
Chris Williams, author of Ecology and Socialism: Solutions to Capitalist Ecological Crisis, and a participant in the ecosocialist coalition System Change Not Climate Change, reports on the latest report on climate change–and the Wall Street non-response to it.
October 1, 2013
“The conventional wisdom on the world’s stock markets is that all listed reserves will be exploited and burnt.”
— “Unburnable Carbon 2013: Are the World’s Financial Markets Carrying a Carbon Bubble,” report by Carbon Tracker Initiative
“Developing new green technology, hiring workers and investing in new productive facilities involves a real risk: it may not be as profitable as purely speculative investments.