Hayes compares the global warming situation to slavery. Both were principally about money - lots and lots of money. The entire denial industry is well funded simply because so much money is at stake. We fought a civil war over the preservation of all that wealth last time. It wont be nearly as easy to fix this time. ---- [T]he work of the climate movement is to find a way to force the powers that be, from the government of Saudi Arabia to the board and shareholders of ExxonMobil, to leave 80 percent of the carbon they have claims on in the ground. That stuff you own, that property you’re counting on and pricing into your stocks? You can’t have it. Given the fluctuations of fuel prices, it’s a bit tricky to put an exact price tag on how much money all that unexcavated carbon would be worth, but one financial analyst puts the price at somewhere in the ballpark of $20 trillion. So in order to preserve a roughly habitable planet, we somehow need to convince or coerce the world’s most profitable corporations and the nations that partner with them to walk away from $20 trillion of wealth.
Posted on: Thu, 26 Jun 2014 18:54:04 +0000
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