Sunday, December 11, 2011

COP17 succumbs to Climate Apartheid

Click here to access article from Climate Connections. 
“What some see as inaction is in fact a demonstration of the palpable failure of our current economic system to address economic, social or environmental crises,” said Janet Redman, of the Washington-based Institute for Policy Studies. “Banks that caused the financial crisis are now making bonanza profits speculating on our planet’s future. The financial sector, driven into a corner, is seeking a way out by developing ever newer commodities to prop up a failing system.”

Despite talk of a “roadmap” offered up by the EU, the failure in Durban shows that this is a cul-de-sac,  a road to nowhere.