(extract from George Monbiot’s article with References and Comments)
”Preventing climate breakdown – the four, five or six degrees of warming now predicted for this century by green extremists like, er, the World Bank, the International Energy Agency and PriceWaterhouseCoopers (1 , 2 , 3 , ) – means confronting the oil, gas and coal industry.”
The only realistic way to do this is by making further development unprofitable. This seems impossible, even if extraction were to be limited by a world agreement, scarcity would drive prices up and make evasion eminently profitable, to companies who are anyway more powerful than many nation states.
One step forward is the movement in the US for Disvestment by Companies, Universities and Local Administrations, as it becomes ever clearer that the future of the planet really is being destroyed. (See article HERE Campaign to de-Invest from Fossil Fuel Climate Criminals ) Continue reading