Thursday, 19 August 2021

Logic, What Logic?

George Monbiot highlights the UK government's twisted 'logic', as applied to oil and gas (https://www.theguardian.com/commentisfree/2021/aug/19/life-earth-second-place-fossil-fuel-climate-breakdown). To stand a chance of averting the very worst consequences of climate change, all countries need to immediately cease extracting and burning fossil fuels. The UK government have apparently decided, however, that "an orderly and successful transition away from traditional fossil fuels", can best be secured by promoting the extraction of oil and gas from the UK's continental shelf. The government argue that this will 'maximise economic recovery', leading to investment flowing into the country. This investment, they claim, will pay for dealing with climate change. Contorted or what? Monbiot also points out that many governments appear to be disincentivized from taking action against climate change, by the threat of lawsuits from oil companies. In special international courts, oil companies can claim, government policies have damaged their profits, so they deserve lavish compensation. Monbiot asks, not unreasonably, "Why is life on Earth still taking second place to fossil fuel companies?" It seems that big oil is getting away with its crimes against the environment. Let's not forget the fossil fuel companies have known for decades, from their own scientists, about the dangers of climate change. They, not only employed people to deny the dangers, their profits were used to influence governments. There needs to be a total rewriting of the rules of financial engagement.

No comments:

Drip, Drip, Drip

England and Wales's privatised Water Companies essentially have monopolies. The 'regulator', Ofwat, has approved their rising a...