What kind of impact do corporate green solutions have on curbing global warming?
See Jeffrey St. Clair, speaking on “Hot Climate, Cold Cash: Making a Killing from Global Warming,” at Socialism 2007, June 14-17 in Chicago. See the Socialism 2007 Web site for more information. NONE. That’s the short answer. I remember being up in Alaska with the Inupiat, looking at Prudhoe Bay. BP wants to expand in every direction up there, into ANWR [the Alaska National Wildlife Refuge] on one side of Prudhoe Bay, and then into the Alaska Petroleum Reserve on the other side. And one of the Inupiat tribesman said to me, “They want it all.” If they can’t get into ANWR now, they’ll go into the Alaskan Petroleum Reserve and drain that. Then they’ll come back and get ANWR, and they’ll drain that. And meanwhile, they’re investing in solar and biofuels, too. They want it all. To pretend that this green enlightenment on behalf of BP or ARCO or any of the others has to do with anything other than maximizing their profits is a serious delusion. Oil and coal are almost free assets for corpora
