Richard Branson and “Climate Capitalism”
Linked below is an article by my colleague Emma Websdale who writes for the wonderful website on OTEC (ocean thermal energy conversion) called “EmpowerTheOcean.” Here, she addresses billionaire Richard Branson’s belief that the process of mitigating climate change provides marvelous opportunities for capitalists.
For a chapter on this subject in my first book (Renewable Energy – Facts and Fantasies), I interviewed Jigar Shah, then the CEO of the think tank Branson formed called the Carbon War Room. I do believe that somewhere, there is considerable workability to all this stuff on climate capitalism, though it needs to be stimulated by creating a level playing field, i.e., a tax on emissions, the removal of the subsidies for oil, etc.