Joanne Knight

July 29, 2014

A fox whispering in your ear: corporate solutions to climate change

Filed under: Uncategorized — joanneknight @ 10:52 pm

jemimaOnce upon a time a silly duck wanted a not-so-silly thing: to protect her eggs from the farmer’s wife. Unfortunately Jemima Puddle-Duck listened to the advice of a fox. In much the same way the UN and national governments have invited corporations to set the agenda for measures to address climate change.

The latest episode in the climate change fiasco is the repeal of the carbon tax in Australia. The political machinations reveal the paradoxical nature of market-based solutions to climate change. As a tax or emissions trading scheme drives up the price of carbon and demand for these products decreases, energy companies and the fossil fuel industry fight back, legally, politically and through the media, to maintain their profits. A purely economic solution ignores the political weight of corporate economic players in a democratic system.



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