Make Corporations Pay for the Green New Deal
A Green New Deal will require trillions of dollars of investment. But the government doesn’t actually need to put up all the cash — we can make corporations pay.
A Green New Deal will require trillions of dollars of investment. But the government doesn’t actually need to put up all the cash — we can make corporations pay.
The onset of ever more extreme and repeated weather events is likely to change how we think about the role of the state.
Source: The Nation
A hot, gritty wind carries the stench of pit latrines across a refugee camp on the western outskirts of Karachi, on Pakistan’s southern facing coast. In the sky, vultures and eagles circle. At its peak, this camp held 1,400 families, all poor farmers displaced by the Indus floods of 2010, which inundated an area the size of England and affected more than 20 million people.
Although climate change cannot be directly blamed for a lone weather event, last year’s floods in Pakistan and the extreme monsoon that caused them fit the pattern that scientists predict climate change will bring. The United Nations Inter-Governmental Panel on Climate Change warns that the Indus Basin will suffer more floods and droughts as the planet heats up. And Pakistan’s Meteorological Department believes the country’s average surface temperature will rise by 1.3 to 1.5 degrees Celsius over the next decade.
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