Circular Economy Header Image

Politicians are misrepresenting International Energy Agency’s projections in their election campaigns. Fossil fuels aren’t benign, they will wreck the planet

In their book Climate Change, Capitalism and Corporations, published prior to the Paris climate change meeting last December, Chris Wright and Daniel Nyberg highlighted how the dominance of neoliberalism in recent decades has locked the global economy on to a path of “creative self-destruction”, built around the oxymoron of “green capitalism”. Events since Paris have confirmed their thesis.

Just before Paris, the New York state attorney general, via the US Securities and Exchange Commission, secured undertakings from the world’s largest coal company, Peabody Energy, for violating state laws prohibiting false and misleading conduct in regard to Peabody’s public statements on risks posed by climate change. In part by misrepresenting the projections of the International Energy Agency (IEA).

Continue reading…
Source: Guardian Environment