Archives

Tagged ‘private equity‘

Hijacking the Environmental Movement

"Having hijacked the environmental movement on behalf of Wall Street, these false fronts are currently pressing for changes in international law that would give the finance sector carte blanche in privatizing all of nature."

Divestment as the Vehicle to Interlocking Globalized Capital [McKibben’s Divestment Tour – Brought to You by Wall Street: Part XV of an Investigative Report]

"...private equity raised close to $34 billion for oil and gas funds in 2015—a 94% rise from three years ago—as new transactions continue to be executed."

Environmentalism is Dead – Welcome to the Age of Anthropocentrism [McKibben’s Divestment Tour – Brought to You by Wall Street: Part XIV of an Investigative Report]

"In a perfect world, in another time, perhaps renewable energies will be made of butterfly kisses and rare, precious Earth minerals will fall from the sky."

No One Listening

"As for civil society NGOs and academic institutions, they have mostly succumbed to the aristocratic paternalism of philanthropic foundations, now functioning for the large part as public relations agents for privatization."

Fossil Fuel Divestment Farce

"Grantham, meanwhile, donated millions to buy the support of Sierra Club, Nature Conservancy, Environmental Defense Fund and Greenpeace. As usual, the 350 Climateers are clueless about how they are being used by fossil fuel investors to undermine democracy and the environmental movement."

Why the Fossil Fuel Divestment Movement is a Farce

"The campaign endangers its legitimacy — and shows how toothless it is — by accepting funding from Steyer and Grantham. Both have a clear financial interest in routing pension fund and endowment investments further from publicly traded securities and into the private markets dominated by their firms."