Stop Climate Chaos : 2011 Campaign Idea

The Stop Climate Chaos coalition meet tomorrow to present and hear suggestions on Climate Change campaigning in 2011.

How are we going to make it zoom, people ?

From some of my project work with faith groups, I had this suggestion to make :-


Alliance with Ethical Investment groups

“Put your money where your mouth is”

Following on from the Church of England selling its shares in Vedanta :-

http://www.minesandcommunities.org/article.php?a=9871

it was hoped that the Church of England investment portfolio would continue to be “cleaned up”. But there appears to be a long way to travel.

The Anglican Communion worldwide includes environmental protection as its “Fifth Mark of Mission”, and the Church of England is part of the international interfaith “seven year plans” :-

http://www.anglican.ca/search/faq/037.htm
http://www.cofe.anglican.org/news/pr10009.html

but the Church Commissioners report in the last year has confirmed that the Church of England still holds shares in companies such as BP, responsible for ecological devastation of the Gulf of Mexico :-

http://www.ekklesia.co.uk/node/12234

Groups such as the Alliance of Religions and Conservation, the Ecumenical Council for Corporate Responsibility and National Ethical Investment Week are all active in encouraging communities to put their money where their mouth is – and the faith communities have a very large amount to play with :-

http://www.arcworld.org/about_ARC.htm
http://www.eccr.org.uk/AboutUs
http://www.neiw.org/about

With the launch of the Green Investment Bank – even though severely under-capitalised – there is a chance to tie up the questions to the answers.

If every consumer choice were a green choice, there would be no environmental problem. The only way to reach that point is for every contract, every stock and share, every procurement order, every transport vehicle, every energy source and every material resource to be green.

The choices that companies make in the business they conduct is based on the premise that people want what they sell so much they are prepared to invest directly in them as well as buy their products.

There are several levers for change here. Investment, such as pension funds, if moved in bulk, can have a de-securitisation effect on unsustainable business models. Not so much a “boycott” as a “landslide” of change.

The faith communities have already proved that they can change international commerce with the Fair Trade movement. Now it’s time for the Green Investment movement.


BP : After the Gas and Oil are Gone

Together with a couple of my peers, I’ve been taking a look at BP’s “sustainability”, both from a business point of view and from a Climate Change point of view.

We’ve just given a presentation, of which I offer you a couple of the slides and the script to accompany them.

The central point of issue is : what will BP do after the Gas and Oil are gone ? There may be decades of reasonable hydrocarbons left to exploit, but how will Pension Funds get their return on investment after that ? Where is the future thinking ?

And what about Climate Change ? Retreating from Alternative Energy back into its core business of Oil and Gas means that BP plc will not be able to make substantial cuts in the Greenhouse Gas Emissions of the products that they sell – which means that sooner or later, when Carbon Energy is rationed, their business will start to implode.

Continue reading BP : After the Gas and Oil are Gone

James Delingpole : Following The Money

What makes James Delingpole tick ? Why does he take up such an unsupportable position ? Why is he prepared to risk appearing completely absurd ?

http://blogs.telegraph.co.uk/news/jamesdelingpole/100025341/climategate-mad-sunday/

I have been rubbing my chin and hmmming quietly to myself, as I to try to understand it, and I think I might have a thread of an idea : money, or rather, the use of money…

Continue reading James Delingpole : Following The Money

Banking on China

The Circle Line can get a bit stifling in the evening. Not as much as the Central Line, which is often only a few tiers from the fires of Hell itself, but the Circle Line is often clammy in Summer, long after the Rush Hour home. Global Warming ? Global Steamy Clammy Heat !

So, I’m trying to maintain my personal cool and composure on the London Underground by not moving very much and reading a self-styled “pamphlet” I acquired at the 5th June 2009 conference “The politics of climate change : from economic crisis to business revolution”.
Continue reading Banking on China