21 September 2015, The Conversation, Creative self-destruction: the climate crisis and the myth of ‘green’ capitalism. The upcoming Paris climate talks in December this year have been characterised as humanity’s last chance to respond to climate change. Many hope that this time some form of international agreement will be reached, committing the world to significant reductions in greenhouse gas emissions. And yet there are clear signs that the much-touted “solutions” of emissions reduction targets and market mechanisms are insufficient for what is required. In our new book, Climate Change, Capitalism and Corporations: Processes of Creative Self-Destruction, we look at reasons why this has come about. We argue that businesses are locked in a cycle of exploiting the world’s resources in ever more creative ways. Innovating environmental destruction. The disconnect between business and climate action was symbolised by the announcement earlier this year that a significant portion of funding for the Paris meeting comes from major fossil fuel companies and carbon emitters; a situation French climate officials admitted was financially unavoidable. While perhaps unsurprising, this announcement hints at a deeper problem we now face — the global economic system of corporate capitalism appears incapable of achieving the levels of decarbonisation necessary to avoid dangerous climate change. Humanity is locked into a process of “creative self-destruction”. Our economies are now reliant upon ever-more ingenious ways of exploiting the Earth’s fossil fuel reserves and consuming the very life-support systems we rely on for our survival. This is evident in the rush by some of the world’s largest companies to embrace deep-water and Arctic oil drilling, tar-sands processing, new mega-coalmines, and the “fracking” of shale and coal-seam gas. These examples highlight both the inventive genius of corporate capitalism, and the blindness of industry and government to the ecological catastrophe they are fashioning. Read More here
Category Archives: Global Action Inaction
9 September 2015, The Guardian, Pacific leaders voice frustration over Australia’s position on climate change. Kiribati president says any attempt to water down a commitment to curb global warming would be a ‘betrayal’ and that there will be no compromise on target. Tony Abbott is set to receive a frosty reception from some Pacific island leaders in Papua New Guinea amid frustration at Australia’s perceived failure to properly address climate change. The president of Kiribati, Anote Tong, said that Australia may be asked to leave the Pacific Islands Forum, or face a walkout by small island states, if it attempted to water down a commitment to curb global warming. Pacific nations have called for global warming to be limited to 1.5C above a pre-industrial baseline, claiming that the internationally-agreed limit of 2C would devastate their low-lying islands through sea-level rises and extreme weather. Tong said that it would be a “betrayal” if Australia forced any compromise on the 1.5C target at the forum, which is being held in Port Moresby this week. “We expect them as our big brothers, not bad brothers, our big brothers to support us on this one,” he said. “We cannot negotiate this, no matter how much aid. We cannot be bought on this one because it’s about the future. Read more here
7 September 2015, The Carbon Brief, Bonn climate talks ask for draft Paris text. A draft international climate agreement package will be published within weeks, setting the scene for crunch UN talks in Paris in December. During negotiations in Bonn last week, countries made progress on some key sticking points and started to lay out the skeleton of the planned agreement. Yet with just five more days of formal negotiations before Paris, disagreement over many details remains profound. The co-chairs of the process will now attempt to cement progress and bridge those divides. They have been given a mandate to prepare a draft agreement by the first week of October. Parties will then start line-by-line negotiations on the draft text when they return to Bonn on 19 October. Carbon Brief summarises events in Bonn last week and rounds up reactions to the latest talks. Read More here
7 September 2015, Climate News Network, Climate talks are stuck in the slow lane to Paris. Lack of progress at the close of “unbearably tardy” negotiations in Bonn undermines hopes of a meaningful deal being agreed at this year’s crucial UN climate summit. The latest round of climate talks in the German city of Bonnhave ended with a failure to deliver common grounds for the negotiations at the UN climate summit in Paris at the end of this year. The Paris talks, involving all UN member states, are meant to deliver a draft that could lead to a new world climate treaty to replace the expired Kyoto Protocol. But experts now fear that there will not be enough time left to see a major breakthrough. Jan Kowalzig, climate change policy adviser at Oxfam, described last week’s negotiations in Bonn as “unbearably tardy”. He said: “If the negotiators keep up that slow pace, the ministers at the UN summit will get an unfinished paper that they will have to resolve with no time for reflection. The outcome will then most likely be an extremely weak new treaty that will not save the world from climate change.” Read More here