Bill Mitchell — Natural climate solutions – code for financialisation of nature and profits for capital

I re-read a consulting report from May 2021 – Nature and Net Zero – which was commissioned by the World Economic Forum and prepared by a management consulting company. One of those consulting companies that exemplifies the neoliberal era where everything and anything is classified in terms of its financial value or corporate value and the company’s grand visions for nations amount to little more than transferring massive amounts of public money into their coffers for blueprints about privatising public wealth and skating over local citizens’ rights in their haste to financialise the world. The report is no different really and represents everything that is wrong with the way the elites in the world are taking over the ‘green transition’ agenda and reconfiguring it to suit their own ends – profits and control....

The real issue is that there is no way to address climate change seriously without completely reconfiguring the world system and that is just not going to happen.

It's those who are now young and the oncoming generations that will pay the price. The sixth extinction is already in progress. 

Culling coming. As this realization solidifies, there will be intense competition to survive, making co-operation in addressing the issues impossible.

Bill Mitchell – billy blog
Natural climate solutions – code for financialisation of nature and profits for capital
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

http://bilbo.economicoutlook.net/blog/?p=49104