Whether it’s subsidies or the global response to this crisis, around the world, the influence of industries like the fossil fuel industry continues to hamper our policymaking to face the ecological and climate crisis.
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Corruption
Reuters: Diesel collapse gives automakers carbon headache
This is how absurd things can become – thanks to the EU: Diesel was supposed to reduce CO2., but the car manufacturers, to increase their profits, cheated, and produced radically more nitrogen oxide than permitted, […]
Climate Crisis
Ann Pettifor: The Latent, Unused Power of Citizens and the Production of Public Collateral
Taxpayers have agency over global financial markets…they subsidise, embolden and enrich centres of financial power like those of Wall St and the City of London. A long read, but well worth it. Read here
Economics
Reuters: China’s factories reopen, only to fire workers as virus shreds global trade
A brilliant example of the spiral we are facing. Short and succinct. Everyone was praising globalisation, but apparently they do no understand it. Read here
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