Related Stories
Profits of doom
Key Excerpts from Article on Website of Times Higher Education (a Times of London publication)
Posted: August 17th, 2010
http://www.timeshighereducation.co.uk/story.asp?sectioncode=...
Climate change is serious business - in more ways than one. Capitalist 'bootleggers' have co-opted the environmental [movement] to fulfil their raison d'etre - making money. Thanks to the 'greenwash', the solutions could be worse than the problems. Sitting on the board of [a] virtuous-sounding group - the Alliance for Climate Protection (ACP) - is one of the world's most famous green champions, Al Gore. Alongside him sits Theodore Roosevelt IV. Theodore the Fourth is a ... managing director of Barclays Capital. Consider another environmental-economics powerhouse, Generation Investment Management (GIM). Gore founded it ... with the aid of David Blood - chief executive of Goldman Sachs Asset Management from 1999 to 2003. It is economics, not environmentalism, that has driven the search for ethically superior energy from "clean" sources derived from previously sacrosanct areas of wilderness, the exploitation of which has suddenly been legitimised, perhaps as new "energy farms" or for "biofuels". Likewise, previously off-limits coastal areas have been designated as not only suitable but also positively benign sites on which to drill for oil and gas. After all, the long-term interest - one might say the fuel - propelling countries is money. "Greenwash" is the term environmentalists use to describe businesses that present themselves as green although their practices are not.
Note: For lots more on corporate corruption from major media sources, click here.
Related Stories
Latest News
Key News Articles from Years Past
