The world’s addiction to fossil fuels is a “Frankenstein’s monster sparing nothing and no one”, the UN secretary general, António Guterres, told leaders at the World Economic Forum in Davos on Wednesday.
“Our fossil fuel addiction is a Frankenstein’s monster, sparing nothing and no one. All around us, we see clear signs that the monster has become master,” Guterres said in a speech days after 2024 was revealed to have been the hottest year on record and Donald Trump began his second term as US president by pulling the country out of the Paris climate agreement and pledging to “drill, baby, drill” for more oil and gas. The fossil fuel industry gave $75m (£60m) to Trump’s campaign.
Guterres said: “What we are seeing today – sea-level rise, heatwaves, floods, storms, droughts and wildfires – are just a preview of the horror movie to come.”
Funny enough the one thing nobody asks in capitalism is “when is enough?”
The Arizona iced tea guy or mark Cubans drug company are perfect examples of how all businesses should work.
Why raise the price if we make profit? Why isn’t that good enough to pay all your employees and ceos their paychecks and whatever else is extra gets put back into the business or pocketed?
We can avoid disaster by simply being happier with enough and not more more more for the sake of a high score or needing 7 yachts because you only have 6.
The moment a company becomes owned by shareholders it’s no longer long thinking.