Sustainability Bites

There is no such thing as a free lunch

BHP

Passing the buck – the rights and responsibilities of fossil fuel divestment

Passing the buck – the rights and responsibilities of fossil fuel divestment

Based on a realistic costing of the impacts of climate change in coming years* and being realistic about the tiny chance that the big corporates play fair (ie, be true to their social responsibility and not interfere with governmental policy), I think the best we could hope for might be governments stepping in and buying out the whole fossil fuel sector at some cut (heavily-discounted) rate based on their falling asset value.