Saturday 19 July 2008

For a Union Response to Capitalist Climate Change Plans


by Tim Gooden
12 July 2008

Right at the beginning of his draft report on climate change, Professor Ross Garnaut points out that global warming can't be beaten unless an international “prisoner’s dilemma” gets resolved.

What’s that? Simply, that each globally competing national economy, like Australia, gains most short-term benefit “if it does less of the mitigation itself, and others do more”.

But if all countries act in this way there will be no solution to the overall climate crisis –the total worldwide rate of investment in sustainable, carbon-free technologies will fall way short of what’s needed to stop global climate catastrophe.

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