“New exposé unearths the true dirt behind COP21’s corporate sponsors"– Corporate Accountability International
There are different stakeholders in climate change talks with varying
interests. Having everyone’s voices heard is part of the negotiation; but when
some stakeholders interest conflicts with the main focus of discussion, it
becomes a problem.
At COP 21 Paris Image Source: http://www.desmogblog.com/2016/02/06/new-report-identifies-fossil-fuels-we-must-keep-ground-avert-climate |
One such main conflict stakeholder in climate change discussions
is the fossil fuel industry. Fossil fuel industry’s market lies in generating
energy from fossil fuels; the main cause for climate change. Climate change mitigation
strategies will reduce their market, business and profit. Hence its irony when
they sponsor UN climate change (COP21) talks unless they have some hidden
agenda.
To reduce global warming, there is a definite need to shift from
fossil fuel to cleaner sources of energy. In this process, the obvious impact
will be on fossil fuel industry. Many countries have already pledged to cut
billions of dollars in the industry subsidies. Over the years, the fossil fuel
industry has tried hard to not bring climate research to public; but extreme
weather conditions have become so frequent that no one can avoid
it any more. It is alleged that the fossil fuel industry had and still has a
major role in subduing the importance of climate change and underplaying its
effects. They are alleged to have suppressed climate research and blinded the
truth. Fossil fuel industry is playing same strategy as that of Tobacco
industry which for years denied and hid the negative effects of its product
after knowing it. Exxon Mobil, the energy major is now facing numerous
investigations into whether the company lied to investors and committed fraud
by covering up the risks of climate change for decades.
There is a big concern that climate change negotiations are unduly
influenced by fossil fuel industry. In the Paris agreement, their involvement
was actively seen with many events being sponsored by the fossil fuel industry.
Its common sense to see that a negotiation with such undue influence of fossil
fuel lobby will not set concrete climate change mitigation policies. Corporate
accountability international released a report “Fueling the Fire” which exposes
the environmental destruction and public policy interference of the leading
COP21 sponsors including fossil fuel majors Engie, Suez Environment as well as bank
BNP Paribas and French utility Électricité de France. The report clearly shows
the conflict of interest inherent in allowing such sponsorship. As fossil fuel industry is powerful and
rich, if part of the negotiations, their undue influence will continue and
impact the discussions in a negative way. Either they should be banned from the negotiations
or there should be clear rules to their limits of participation.
In the mean time, as they find their business shaky, the coal
industry is now looking into developing countries and racing to get coal plants
build and lock these countries in coal dependence. They project coal as
affordable and available resource to meet their energy requirements. It’s
surprising to see a large number of countries including China, India, Turkey, Vietnam
and South Africa building huge coal fired power plants exceeding their
future energy demands. What the fossil industry is looking for is power plants
and once they are built, these countries will become fossil fuel dependent.
The fossil fuel industry has mislead public since 1970s about the effect of CO2 for self interest. They are concerned only with their profits and money making; welfare of our planet and other fellow beings is not their concern - hence their participation will jeopardize climate change negotiations and thus should be BANNED from the discussions!
The fossil fuel industry has mislead public since 1970s about the effect of CO2 for self interest. They are concerned only with their profits and money making; welfare of our planet and other fellow beings is not their concern - hence their participation will jeopardize climate change negotiations and thus should be BANNED from the discussions!
Anu Kuncheria
anukuncheria@gmail.com
References:
anukuncheria@gmail.com
References:
http://www.motherjones.com/environment/2015/12/climate-change-summit-paris-cop21-fossil-fuels-sponsors
Fueling the fire: The big polluters bankrolling COP21 by Corporate
Accountability International
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