Thank you for your coverage of the impending Business & Climate Summit, by the ever-reliable Michael Stothard and Pilita Clark (April 21). They quote Jean-Pascal Tricoire, CEO of Schneider Electric and one of the organisers, as saying
“The [carbon] price needs to be high enough to make a difference and not volatile, so companies can factor the price into their long-term planning.”
It is now 2015, with global concentrations of carbon dioxide at 400ppm. They were significantly lower in May 1992, when, a carbon tax was mooted for Europe. According a report in the Economist at the time “The proposed carbon tax has been subject to the most ferocious lobbying ever seen in Brussels.”
Two questions come to mind;
Will those responsible for the successful campaigns to block meaningful action when it still had some slight chance of success ever face justice?
Will our children forgive us allowing the victory of short-sighted selfishness and the deliberate creation of ignorance at the expense of their futures?
I suspect the word “no” suffices for both questions.