How the world’s dirtiest industries have learned to pollute our politics | George Monbiot
The tragedy of our times is that the gathering collapse of our life support systems has coincided with the age of public disservice. Just as we need to rise above self-interest and short-termism, governments around the world now represent the meanest and dirtiest of special interests. In the United Kingdom, the US, Brazil, Australia and many other nations, pollutocrats rule.
The oil and gas industry intends to spend $4.9tn over the next 10 years, exploring and developing new reserves, none of which we can afford to burn. According to the IMF, every year governments subsidise fossil fuels to the tune of $5tn – many times more than they spend on addressing our existential predicament. The US spends 10 times more on these mad subsidies than on its federal education budget. Last year, the world burned more fossil fuels than ever before.