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The power of invested Capital protecting itself is what delays climate change action. Billionaires have a oversized influence on the decisions of Capital, for o
by Sabinus 2y ago
The power of invested Capital protecting itself is what delays climate change action. Billionaires have a oversized influence on the decisions of Capital, for obvious reasons. Looking at their personal co2 consumption multiplied by their number isn't the measure you should be assessing.
- OgsyedIE 2y agoHaving done a few deep dives, more than 50% of the lobbying in the UK against green buildouts such as rail freight expansion, onshore wind and ev chargers between 2015 and 2019 was funded by oil and gas companies looking to keep their market share and disproportionately the big consolidations like Baker Hughes. I have no idea whether the ratios break down similarly elsewhere in even the anglosphere given the higher share of primary sector industry in US and Canadian gdp.