NOW They Get Worried

The measurement at Mana Loa hits 420 ppm for the first time in 3.6 million years and suddenly our Corporate Masters/ "ruling class"/ ie..Capital get concerned. The NYTimes reports that chief executives from more than 300 major companies including Google, Mc Donalds and Walmart signed a letter calling for the US to double its Paris Accord targets for emission cuts. This comes on the heels of some major investor groups such as Blackrock deciding to disinvest from fossil fuels. It is possible they are finally realizing that the science is correct and not just their business models, but the fate of the planet hangs in the balance. And now they want to be responsible and do the right thing (inadequate as it might be). It's possible. Or it is possible they saw Andreas Malm's latest book - "How To Blow Up A Pipeline" - and decided it was time for some slick public relations posturing. One can imagine the Zoom calls that initiated this letter; the COP meeting in Glasgow this fall, Biden nixing Keystone and wanting a corporate tax hike, it was getting harder and harder to straddle the fence and keep everybody happy. My intuition is that the big Re-Insurance companies, being the weakest, most vulnerable link, are demanding action. But having stalled and denied and prevaricated for the last thirty years they are not going to like the price tag. Neither will Biden when somebody finally has the courage to give him the real low-down. The trick for movement activists is not to get thrown off balance but to leverage the moment and force some real concessions. Start with Line 3 and DAPL. Stop talking about "the environment" (water, etc..) and FOCUS on emissions.