ECO is confident that delegates will remember President Obama’s famous address to the world just last month: “The climate is changing faster than our efforts to address it. The alarm bells keep ringing. Our citizens keep marching. We cannot pretend we do not hear them.” Despite this appeal to follow the people, industry choose to follow the money. So far, the money–both public and private–has continued to flow overwhelmingly to fossil fuels, entrenching dirty power, locking-in emissions, and inflating the incipient carbon bubble. Lubricated by a US$1.9 trillion concoction of subsidies, tax breaks, government incentives and the externalisation of the … Continue reading Filthy finance