Might, Right, and Climate Change
- Jul 19, 2018 5:44 pm GMT
Recurring themes of President Obama’s 2018 Nelson Mandela Annual Lecture, where might, right and climate change.
The “might” of the fossil fuel industry is obvious.
As the following graphic demonstrates, it has captured 6 percent of the global GDP and has convinced policymakers, politicians, and lobbyists that the rest of us should be content picking up the tab for another 7 and 6 percent in the form of fossil fuel subsidies and environmental externalities. The latter, again, mostly due to the burning of fossil fuels.
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