The politics of resources redefined™
The politics of resources redefined™
The politics of resources redefined™
The politics of resources redefined™
The politics of resources redefined™
The politics of resources redefined™
The politics of resources redefined™

Daniel Litvin in the Financial Times: Climate war needs to be fought on two fronts

In an op-ed published by the Financial Times’ Commodities Note on March 11, 2019, Critical Resource MD Daniel Litvin argues that investor pressure on, and divestments from, big fossil fuel producers need to be complemented by policies targeting the demand side: our continued dependence on fossil fuels.

While victories over suppliers are a necessary part of the war on climate change, they could result in smaller, private or state-backed producers picking up the slack and, if constrained supply causes the oil price to rise, could prompt increases in production. With global demand for fossil fuels stubbornly high, big shifts on the part of governments and consumers, and fundamental changes in energy policies – for example to accelerate the uptake of renewable energy – are required.

For the full op-ed, see: https://www.ft.com/content/205703fe-43e4-11e9-b168-96a37d002cd3 (paywall)