Occupy Corporatism
by Susanne Posel
The UN Intergovernmental Panel on Climate Change (IPCC) released their latest report on global warming entitled the “5th Assessment on Climate Change” demands that anthropomorphic causes of excessive carbon dioxide emissions can be controlled by “limiting the warming caused by anthropogenic CO2 emissions alone with a probability of >33 per cent, >50 per cent, and >66 per cent to less than 2°C since the period 1861–1880, will require cumulative CO2 emissions from all anthropogenic [man-made] sources to stay between 0 and about 1560 GtC [gigatons of carbon], 0 and about 1210 GtC, and 0 and about 1000 GtC since that period respectively. An amount of 531 [446 to 616] GtC, was already emitted by 2011.”
To enforce this international mandate, the UN will collaborate with other stakeholders to ensure a global treaty which will create a carbon regime to be in total control over world-wide CO2 emissions by 2015.
Christina Figueres , executive secretary of the UN Framework Convention on Climate Change (UNFCCC) called for “urgent action” to restrict CO2 emissions “to steer humanity out of the high danger zone, governments must step up immediate climate action and craft an agreement in 2015 that helps to scale up and speed up the global response.”
The IPCC said that “radical policies” must be instilled to control CO2 within national governments.
The carbon budget will be divided between major nations that contribute the most CO2 – such as Europe, China, America and other developed countries.
By 2014, the UN hopes to have those restrictions in place. The schemes devised to ensure that this new global control is firmly in place will be explained in a forth-coming document that will be supported by non-governmental organizations (NGOs).
The Global Carbon Project (GCP) believes that as the world becomes “carbon neutral”, the impact of CO2 emissions will offset the damage caused and balance out in the end.
According to their report entitled “Carbon Reductions and Offsets” governments, corporations and individuals can “participate in this voluntary market” and adhere to their recommendations for legally binding policies.
Profit driven business with regard to climate change demands” reductions [that are] outpacing the wider introduction of low-carbon technologies in transport, energy production and manufacturing.” Carbon offsets can provide this by being purchased ahead of projected measures to discover future innovations for eliminating carbon emissions.
The GCP recommends:
- Purchasing carbon credits to offset transportation, heating and cooling
- Develop a culture of responsibility for carbon emissions
- Imbue into the social meme the philosophy of being “carbon neutral”
- Set limits on corporate operations under guidelines of CO2 emissions
- Focus on reducing all humans carbon footprints
- Purchasing 100% renewable energy
- Invest in carbon credits
- Focus on reforestation and allocate separate land for those projects
- Becoming a global “zero net carbon emissions” society
The European Union Emission Trading Scheme (EU ETS) is the biggest scheme for carbon credits across the world. It originated in 2005 to become a focal point for the European Union’s claims to reduce CO2 emissions because they are responsible for an estimated 40% of all emissions. The EU ETS governs matching buyers of carbon credits with sellers as any other financial instrument operates as well as oversees that relevant reductions are achieved.
Al Gore, co-founder of the Generation Investment Management LLP (GIM), a carbon selling corporation that assess a corporation’s value based on summations of long-term performance as determined by GIM, says that “integrating issues such as climate change into investment analysis is simply common sense.” There is an expectation that within the next 25 years “sustainable development will be a primary driver of industrial and economic change.”
Gore affirms that investing with GIM will maximize corporation’s “financial return by strategically managing their performance in this new economic, social, environmental and ethical context.”
UN Secretary-General Ban Ki-moon is pushing for $100 billion per year from developed nations such as the US, Russia and China to pay for the fight against global Warming.
Ban explains: “This is a matter of credibility for member states. This will be crucially important in facilitating the promotion of a legally-binding agreement by 2015.”
Ban threatens that our dependence on energy, food, water and modern conveniences will be destroyed unless the governments of the world contribute monetarily to sustainable development. Regional and national strategies must be adhered to in order for the world to work together to combat global warming.
Ban also asserted that extreme weather is the “new normal” and that human activity would continue to cause this threat. He stated: “The abnormal is the new normal from the United States to India, from Ukraine to Brazil, drought (has) decimated essential global crops”.
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