February 5, 2007

Bad news is good news … sometimes

Filed under: Climate Change — ken finn @ 7:50 pm


It was a moment to cheer the bringer of bad news, the consequences of Climate Change as judged by the Intergovernmental Panel on Climate Change (IPCC) was all over the news at the weekend. Any shred of dubious science for the sceptics to justify denial was blown away. From now on it’s a matter of ‘when not if’ and ‘actions not debate’ on climate change. Well sort of…
Just as the world’s scientists agree on the vital role the world’s remaining forest will have in moderating greenhouse gases the oil industry is bidding on the Amazon.

This weekend the BBC reported on the Peruvian government’s plans to grant oil exploration rights for an area the size of California.   (link)

The Peruvian economy has its problems and poverty has increased over recent years. The International Monetary Fund (IMF) has persuaded the Peruvian government that free market rules are the way to promote growth and address poverty. No doubt selling oil licenses gets brownie points with the IMF.

Despite what the IMF say’s growth doesn’t cure poverty (link), furthermore economic growth is linked to climate change through increased burning of fossil fuels. It’s time we rewarded developing countries like Peru for protecting their forests rather than grabbing their natural resources on the cheap.