How does transnational capital function? Where does it operate? What globalised logic does it follow? What is the magnitude of its abuses and its social, economic and environmental irresponsibility? And what challenge do we see emerge for us, the people?
At a time when genuine progress towards real climate action is more vital than ever, this guide exposes how the corporations most responsible for climate change have taken over this year’s UN climate talks.
An examination of the destructive environmental record of Repsol, Glencore Xstrata and Enel-Endesa in Latin America and worldwide is clear evidence that transnational corporations should have no place in decision-making around the climate.
Climate talks in Lima will be subject to intense lobbying by some of the biggest industrial polluters. They not only cause serious social and environmental conflicts where they extract fossil fuels, their capture of decision-making also prevents a real solution to the climate crisis.
Corporate executives and climate skeptics that mobilise against strong international climate change agreements have rightly been the focus of attention of many people concerned about the climate crisis. But another group of elites—those who actually believe in climate change —may paradoxically have done more to block effective solutions to the crisis.
