This was my third and final dispatch from the climate conference. It follows up on a piece written the day before for TNR. A colleague forwarded along evidence that supported my central thesis: businesses have mixed motives about climate change and, as such, should be kept a safe distance from the climate negotiations. Unfortunately, that distance is being increasingly diminished.
CANCUN, Mexico — Most observers agree that the Cancun deal is a tremendous achievement for UN climate process and a testament to the dogged diplomacy of the tireless Mexican hosts. After reaching what was a seemingly impassable divide over the future of the Kyoto Protocol, negotiators worked into the early hours this morning to produce two compromise texts that were agreed upon by all but the Bolivian delegation.
All that has been widely reported. What has been less discussed in the growing influence of large multinational corporations over the UN climate process. This is, as I wrote yesterday for The New Republic, “cause for concern.” Because businesses are quarterly-driven entities beholden primarily to their investors – not the long-term public interest – it isdangerous to allow them a prominent role in the climate negotiations. This risk was made evident by a letter Greenpeace uncovered shortly after the story was published.
While the government of Mexico worked hard to include corporations in the climate protection discussion that occurred here over the past two weeks, some big businesses used the platform they provided to push their narrow self interests. Shell was a particularly dishonest actor. On Wednesday its executive vice-president Graeme Sweeney joined Mexican Secretary of Economy Bruno Ferrari at a panel sponsored by the national development agency to discuss the role the private sector can play in preventing catastrophic climate change.
“Sweeney used every opportunity to emphasize the importance of funding R&D for carbon capture and sequestration—a promising but completely unproven technology to reduce emissions from coal plants,” I wrote of the event. “While Shell’s commitment to climate action is nice, it also seems to be a glorified form of lobbying.”
But, as I learned later, pushing for dubious solutions to the climate crisis wasn’t the only thing the oil company was doing to undermine the negotiations. Click here to read the rest of this UN Dispatch post or to make a comment.
Photo credit: Lee Jordan (via Flickr)