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Tagged ‘financialization of nature‘

LISTEN: 5 Key Takeaways from COP26, Glasgow 2021

"What is this COP26 everyone's talking about? Is it really that great as it sounds in the news? Why not?"

Wall Street’s Takeover of Nature Advances with Launch of New Asset Class

"In the world currently being constructed by these and related entities, where even freedom is being re-framed not as a right but “a service,” the natural processes on which life depends are similarly being re-framed as assets, which will have owners."

New Deal for Nature: Paying the Emperor to Fence the Wind

"This is what the thirty percent of the globe taken for the New Deal for Nature will look like – a third of the globe stolen for profit. It’s a new colonialism, the world’s biggest land grab, supposedly “green” and supposedly to save the world – a really big lie."

Listen: The Green New Deal & What it Leaves Out: Reading Act V of Cory Morningstar’s Research

"This is a red flag. As Morningstar explained previously, seeking net-zero emissions does not mean radically reducing the amount of carbon the U.S. pumps into the atmosphere. It means using technology and other instruments to offset or capture the same amount of carbon our society is creating."

Listen: Don’t Take Movements at Face Value: Reading Cory Morningstar’s Research into Environmental Activist Greta Thunberg

Morningstar’s work may prove instructive as those of us who are concerned about our survival on this planet try to focus on what activity can genuinely make a positive difference for the climate, the atmosphere and the health of our ecosystems. Listen here:

Nature is Priceless, Which is Why Turning it into ‘Natural Capital’ is Wrong

"The conclusion is clear: natural capital is no practical or realistic solution to integrate nature into the economy or make its values visible. It is a dangerous illusion that will not only worsen but also legitimate the environmental crisis."

The Resolution Copper Land Grab: How Environmental NGOs Expand Green Capitalism

"Multinational mining companies, Rio Tinto in particular, in partnership with NGOs, have been networking to improve the reputation and legitimacy of global mining activities since the ‘90s."

Obama to Open Post-presidency Office in World Wildlife Fund Headquarters

Could this move also signal what could be an acceleration of the implementation of payments for ecosystems services (also referred to as the "new economy", "natural capital", the financialization of nature, The Next System, etc.) by the world's most powerful institutions and states?

Don’t Put a Price Tag on Nature

"But make-believe markets are highly likely to fail when people are otherwise relentlessly focused on nickel-and-dime realities. The market mentality also degrades nature by attempting to turn it into a commodity. "

Rainbow Sparkle Ponies

"Illiteracy obscures the fact that over-the-rainbow puffery (like the exaggerations exhorted by the financial elite at COP21) is doomed to come crashing to earth–like all pyramid schemes do; immaturity allows the gullible to be hoodwinked into believing that somehow this time it will turn out differently."