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Paris climate talks: powerful business lobbies seek to undermine deal

Author: Pascoe Sabido, Corporate Europe Observatory, on Guardian Sustainable Business (UK), Published on: 27 November 2015

As the UN’s climate talks in Paris begin, the lobbying…from some of the biggest corporations responsible for climate change has gone into overdrive…“This issue is important for governments to address but it is far too important to leave to governments alone.” Fortunately…the UN agrees. The problem, however, is that is has also succeeded in creating several platforms to ensure business-friendly proposals are at the heart of climate policy-making…New markets, experimental technologies, all endorsed so polluters don’t have to change their business models…[G]overnments are afraid to tackle climate change for fear of upsetting industry, or when they do, polluting industries are given huge taxpayer-funded handouts…In the real world, “net-zero” gives polluters an excuse to continue with business as usual, claiming that future inventions will fix the problem…[T]he Global Alliance for Climate Smart Agriculture…is supposed to help small farmers adapt to climate change while reducing emissions, but has been hijacked by synthetic fertiliser companies…[Also refers to BP, ExxonMobil, Monsanto, Shell, Yara]

Read the full post here

Related companies: BP ExxonMobil Monsanto (part of Bayer) Shell Yara