25 April 2020

Day 34 of UK lock down: distressed billionaires


The queue for financial bailouts from the lock-down is getting longer, with not only Richard Branson, Victoria Beckham, and various owners of huge grouse-slaughtering estates in Scotland seeking support from the UK government (aka UK tax payers), but also the Trump Organisation . Yes, that Trump, the sarcastic one, because seemingly his loss-making golf courses are now making even bigger losses. Not that losses from golf courses are his biggest problem just now. See NY Times analysis here

Christiana Figueres pointed out, in the recent BBC radio programme Fallout, that there are some important parallels in dealing with Corona virus and with the climate & ecological emergency. In particular, those countries which understood the science and the need to give speedy attention to areas of high probability &, high impact risk, are those which have done much better in mitigating the problems. Those countries led by idiots or sociopaths not so much.

When it comes to giving public funding to help prop up business affected by the pandemic, the choice seems very clear – we can follow the clamour from the greedy rich, and return to an unsustainable “normal” which created the environmental mayhem in the first place, or we can take the opportunity to support those businesses which help us move towards a sustainable and regenerative way of being.


No comments:

Post a Comment