The 1% are seeking to defend their own ruinous luxury consumption, by manipulating mass economic insecurities. As reducing the wealth of the elite to a climate sustainable level is unthinkable there either has to be a green transition with the costs dumped on the majority, or there is no transition at all.
The West Asian and North African region is disproportionately feeling the impacts of climate change, but the ongoing imperialist-led wars make it nearly impossible for these countries to implement mitigation measures.
The starting point in the fight against a climate change should be that it is the advanced countries that must make by far the biggest proportional reductions in CO2 emissions.
The IEA World Energy Outlook 2021 sets out in very clear terms and stark figures what the world needs to do to keep below an average temperature rise of 1.5C; and how far short we are falling. It envisages the total investment required will have to rise to $4 trillion a year by 2030 to achieve Net Zero by 2050.
The current power cuts come from a combination of increased demand from manufacturers, a slowdown in coal production, partly caused by improved health and safety measures in mines, and the restrictions put on coal use by national guidelines to restrict carbon emissions.
The paradox of Boris Johnson’s assertion that the market will sort itself out is that they are in no position politically to allow the market to do that.
Copyright © 2026 | WordPress Theme by MH Themes