As the global climate summit COP26 drags out to its miserable end this week in Glasgow, Scotland, the major capitalist powers and the banks and corporations that call the shots in national and world politics have largely failed in their efforts to use the summit to provide a semblance of “progress” in resolving the global climate emergency.
Wall Street investors have hit the jackpot. Soon they’ll be able to buy, own, and dictate The Commons, public lands, the world of Mother Nature. In fact, a pilot project is already in the works with ecosystems up for sale as Wall-Streeters anxiously prepare to gobble up the valued benefits of Mother Nature.
According to the NYSE PR Dept. they’ll IPO nature: “To preserve and restore the natural assets that ultimately underpin the ability for there to be life on Earth.” What? Really?
The COP26 climate summit in Glasgow is entering its final day, amid growing fears that the goal of limiting global warming to 1.5C is unlikely to be met.
UN Secretary General António Guterres bluntly told the Associated Press news agency that goal was on "life support".
He said the summit would probably not see governments make the pledges needed to cut CO2 emissions by enough.
