Spinning Out Of Control: Governments, Banks and Energy Companies “F...

Lesley Docksey's sees the connections in the UK between government/politicians, fossil fuel companies, banks/financiers, and military contractors, as a system  blocking the sustainable future we need. As far as I'm concerned what he says applies equally to the US.

... the door between retiring senior military personnel or ministerial-level politicians and a well-paid position in companies supplying the military revolves at great speed ... But other such doors exist.  And just as the links between government ministers, senior armed forces personnel and the arms trade make it almost impossible to stop our forces from fighting illegal and unnecessary wars, so the links between the government, banks and fossil fuel companies make it impossible to get politicians to take action to mitigate climate change or achieve realistic funding for renewable energy.

There is a merry-go-round of people serving in government and sitting on the boards of financial institutions and energy companies.  It creates a cosy closed shop resulting in a lack of funding for research into and building the infrastructure for renewable energy.

Even worse, despite the noises made by politicians, any effective action to halt climate change is blocked because that would damage business.  It would ‘harm’ the economy – meaning that they, all of them, would lose money.  But they probably think they are the economy.

... they’d all far rather we worried about the price we pay to fuel our lives than think about a warming world.  Because business as usual means profits as usual.

And here is a very basic question that no one is asking, not politicians, bankers nor economists.  Even those campaigning about environmental destruction and climate change are not asking it. 

Why do we have to have growth?

Nothing grows forever,... why is it a given that the ‘economy’ has to grow?  Why can’t it drop back to a level where it might be more sustainable, and maintain a steady position instead?

... the growth that is demanded by governments and corporations always has and always will go into the pockets of those who are already rich, already have far more than they need and certainly far more than their fair share.

Well, you know what?  As a ‘consumer’ I have decided that governments, banks and fossil fuels also have built-in obsolescence.  They have reached the point of collapse and I want to bin the lot. [most emphasis mine]


Tags: Climate Change, revolving door

Views: 32

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