Faced with planetary catastrophe, Big Oil has applied boundless creativity, not to solving the climate crisis but to deflecting action. Nick Dowson dissects the corporate spin.
The mission: Keep pumping, fill your pockets
What’s missing from our efforts against climate change? The global bureaucracies of corporate climate inaction have a new idea: ‘Blue Carbon’, or more specifically, as the bods at the International Monetary Fund put it: a ‘financial facility’ to ‘subsidize… whales’ CO2 sequestration efforts’.1
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