Dec 9, 2012

New IFG report: 'Faces Behind a Global Crisis: US Carbon Billionaires and UN Climate Deadlock'

At COP 18 Democracy Now's Amy Goodman speaks with Victor Menotti
executive director of IFG

Activists at the UN climate conference in Doha point to the US as the biggest obstacle to real action on climate change. During an interview with Democracy Now's Amy Goodman, Indian environmentalist, Sunita Narain, described the US as "the most obdurate bully in the room."

A new report released by the International Forum on Globalization (IFG) - Faces Behind a Global Crisis: US Carbon Billionaires and the UN Climate Deadlock - reveals the extent to which the Koch brothers are a force behind climate deadlock. The Koch brothers combined wealth - $80.2B - places them ahead of the world's wealthiest man, Carlos Slim, at $71.8B.

Faces Behind A Global Crisis focuses on the top billionaires blocking US climate policies because the US is widely seen as the major obstacle to any meaningful multilateral commitments to cutting dangerous greenhouse gases that cause climate disruptions. The report explains how the Kochs’ campaign contributions, lobbying legislators, funding climate denialists, attacking clean air laws, and stopping the shift in subsidies from fossil fuels has helped to halt any serious progress on climate policy in the US. The result is a deadlock in addressing the global crisis, as the US is the indispensable nation for action.

This most recent IFG report is a follow-up to the report released at COP 17 in Durban last year - Outing the Oligarchy: Billionaires Who Benefit from Today’s Climate Crisis.

Link also to the Democracy Now interview at COP 18 with Tom Goldtooth and Sunita Narain - here