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Expert warns about false solutions to climate change put forward by companies

Author: Rachel Tansey, Open Democracy UK, Published on: 8 February 2016

"Looking back at the corporate circus inside COP21", 12 Jan 2016

The world finally has a climate deal. But…the Paris climate agreement fails justice…[T]he Global Carbon Capture and Storage Institute (GCCSI)…“Financing The Demonstration of CCS in Developing Countries”…argued…needs to push…for Carbon Capture and Storage (CCS)…CCS…is a prohibitively expensive, risky and far–from–viable proposition…[T]he Major Economies Business Forum on Energy Security and Climate Change (BizMEF)…event was entitled “Business Perspectives on INDCs”. INDCs…countries' plans of how they're going to cut emissions…Since INDCs are both no where near ambitious enough, and not legally binding, it seems clear that what is a positive development for business is a very negative one for people and planet…I went along to the WBCSD's 'Low Carbon Technology Partnerships Initiative (LCPTI): Results and Outlook to 2016'. LCTPI's “nine big business solutions” include Climate Smart Agriculture…as well as CCS and agrofuels…[T]hese false 'solutions'…protect the business models and power of multinationals, regardless of impacts on local communities, environments and the climate…[Also refers to BMW, BP, BNP Paribas, Caterpillar, Chevron, ConocoPhillips, Dow, EDF Trading, Enel, Engie, ExxonMobil, Ford, LafargeHolcim, McDonalds, Monsanto, Nestle, Pfizer, Shell, Statoil, Total, Vattenfall, and Volkswagen.]

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Related companies: BMW BNP Paribas BP Caterpillar Chevron ConocoPhillips Dow Chemical EDF Enel Engie (formerly GDF Suez) Equinor (formerly Statoil) ExxonMobil Ford LafargeHolcim McDonald's Monsanto (part of Bayer) Nestlé Pfizer Shell Total Vattenfall Volkswagen