So what's stopping an economic shift to new energy forms? Quite simply, vested interests. Mineral fuels, including oil, coal, gas, and refined products make up 14.8% of all global trade and the companies who control these commodities have successful captured the UNFCCC process to arrest climate change with talk of a 'green economy' where dirty industry itself orchestrates a too slow response to climate change that diverts public money into their own balance sheets for less than impressive little projects in greenness.
In the midst of a gripping electricity shortage, South Africa's power utility appears at a loss on how to handle the crisis. The company's utopian view of South African society, which is glaringly obvious in its media communications, comes at the expense of the very people it is targeting.
Private equity and hedge funds: you, your children and your environments are not our problem - anywhere!
