Feeding the Fishes, A$1 Billion

The feature image is the view from a drone up about 120 metres, of me floating above the front of Pixie Reef, an inshore reef just to the north of Cairns. This reef was categorised by Terry Hughes as badly bleached, flying at about 150 metres and looking out from an airplane window.

The Great Barrier Reef is vast: a network of coral reefs that cover an area about the size of Italy.  It is in good condition.  After all, unlike coral reefs in many other tropical parts of the world, Australia is a rich country with a population concentrated in the south – a long way from the corals. 

China and Big Corporations Beneficiaries of Climate Activism

The last USA/China climate declaration in 2015 occurred just before a massive expansion in Chinese construction of coal-fired power stations both domestically and abroad. We also observe that the resource requirements of renewables (steel, cement, copper, etc) promise massive revenues for the likes of BHP and Rio, so selling (not closing) coal mines to free up cash for investment in such commodities is also good for business.

The Green Colonialism of Glasgow

The demands from developing countries are unsurprising, given the global north is asking them to forego the very kind of development that provided them with the wealth they enjoy. Thus Vijaya Ramachandran, of the Breakthrough Institute, has decried ‘green colonialism’ in an essay in Foreign Policy magazine. Ramachandran is particularly scathing of Norway which, he points out, is the most fossil fuel-dependent affluent country in the world.