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Curbing the power of corporations and those who own them—so we can have a future—should be our top priority.(Photo: Union of Concerned Scientists)

It's Not Human Stupidity That Is Blocking Climate Action, It's Big Oil

Efforts are being blocked by the fossil fuel industry—probably the most powerful set of interests on earth.

Linda McQuaig

 by Toronto Star

For years, it was assumed the world wouldn't start seriously tackling climate change until we were directly confronted with its horrors—thereby revealing how truly reckless humans are.

But now that the world is engulfed in terrifying fires, heat domes, floods and droughts—yet still we don't act!—it's tempting to conclude humans aren't just reckless but utterly stupid, unable to stop ourselves from going over a cliff, even as the jagged rocks below come starkly into view.

But that would be unfair to humans.

Recent surveys show most Canadians—and most of the global population as well—understand we're in a climate emergency and must take immediate action to avoid disaster.

This failure to shine a spotlight on the real force blocking climate progress leads to a sense of hopelessness.

So humans grasp the danger and want to act, but there's something blocking us.

I don't think I'd be giving away the ending by pointing out that we're being blocked by the fossil fuel industry—probably the most powerful set of interests on earth.

Yet, in the midst of a Canadian federal election, that brutal political reality barely figures into the discussion.

For sure, there's talk about climate change—how low our emissions must go, how the parties' climate plans compare, etc. But rarely does such talk zero in on the corporate crowd that keeps real climate action off the agenda and even manages to push a "climate warrior" government to purchase an oil pipeline, enabling ever higher emissions.

This failure to shine a spotlight on the real force blocking climate progress leads to a sense of hopelessness. It feels like we're up against human stupidity when we're really up against a highly organized group of cunning and ruthless corporate barons with the biggest war-chest of all time and legions of political and business lackies working tirelessly on their behalf.

This problem of overwhelming corporate power—and its effective veto over key areas of public policy—isn't confined to the fossil fuel industry, but the stakes there are particularly high.

Curbing the power of corporations and those who own them—so we can have a future—should be our top priority. At the very least, it should be an election issue.

One reason it isn't is that the exercise of corporate power is hard to see.

Corporate interests have countless levers of influence, starting with their control over capital necessary for job creation, which gives them a powerful hand in negotiations with government. They also retain a vast army of lobbyists pushing for results. They influence politicians and civil servants by dangling the prospect of future high-paying jobs at their companies and on their boards. They often have personal access to political leaders through social connections and private clubs. And they contribute generously to political campaigns and leadership drives.

They also shape public opinion through their control of think tanks, trade and industrial groups, even university departments funded by billionaires. They retain clever consultants and advertisers to package their actions in a favourable light. And, of course, they own the mass media.

It's not surprising they've succeeded in rolling back legislation protecting workers' rights, diminishing the strength of labour—one of the few organized forces potentially capable of challenging their dominance.

So how to rein in this runaway corporate power?

The election promise that comes closest is the NDP's call for an annual net wealth tax of 1 per cent, applied exclusively to those with assets of more than $10 million.

In addition to raising billions of dollars, the tax could target wealth concentration—particularly if it were designed more like the wealth taxes proposed by U.S. Senators Elizabeth Warren and Bernie Sanders, which impose higher rates on larger holdings, thereby enabling large fortunes to actually be reduced.

Almost a century ago, U.S. Supreme Court Justice Louis Brandeis observed: "We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both."

That could be updated: "We can have a world that is livable for humans or we can have great wealth concentrated in the hands of the few; but we can't have both."

That's the real choice on the ballot on Sept. 20. The rest is just talkity-talk.

© 2020
Linda McQuaig

Linda McQuaig

Linda McQuaig is an author, journalist, and former NDP candidate for Toronto Centre in the Canadian federal election. The National Post has described her as “Canada’s Michael Moore.” She is also the author of "The Sport and Prey of Capitalists: How the Rich Are Stealing Canada's Public Wealth" (2019), "War, Big Oil and the Fight for the Planet: It's the Crude, Dude" (2006) and (with Neil Brooks) of "Billionaires’ Ball: Gluttony and Hubris in an Age of Epic Inequality" (2012).

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'We Need Action': Biden, Democrats Urged to Protect Abortion Access in Post-Roe US

"The Supreme Court doesn't get the final say on abortion," Sens. Elizabeth Warren and Tina Smith wrote in a new op-ed.

Kenny Stancil ·

Motorist 'Tried to Murder' Abortion Rights Advocates at Iowa Protest, Witnesses Say

Although one witness said the driver went "out of his way" to hit pro-choice protestors in the street, Cedar Rapids police declined to make an arrest.

Kenny Stancil ·

'A Hate Crime': Oslo Pride Parade Canceled After Deadly Shooting at Gay Bar

A 42-year-old gunman has been charged with terrorism following what Norway's prime minister called a "terrible and deeply shocking attack on innocent people."

Kenny Stancil ·

'We WILL Fight Back': Outrage, Resolve as Protests Erupt Against SCOTUS Abortion Ruling

Demonstrators took to the streets Friday to defiantly denounce the Supreme Court's right-wing supermajority after it rescinded a constitutional right for the first time in U.S. history.

Brett Wilkins ·

80+ US Prosecutors Vow Not to Be Part of Criminalizing Abortion Care

"Criminalizing and prosecuting individuals who seek or provide abortion care makes a mockery of justice," says a joint statement signed by 84 elected attorneys. "Prosecutors should not be part of that."

Kenny Stancil ·

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