Hello, and welcome to the latest Tax Justice Network podcast, the Taxcast. Download this podcast by clicking hereor check out the links below OR or find us on your podcast app.
We're experiencing the hottest global temperatures ever recorded. For millions of us, the climate crisis is already hitting hard. And we need to know, we must know - WHO are the beneficial owners of the climate crisis? It's surprisingly difficult to find out...
A transcript of the show is available here (some is automated), and there’s a list of useful further reading below. (The original blog with all this information is here.)
Franziska Mager, Senior Researcher and Advocacy Lead (Climate & Inequalities), Tax Justice Network
“The emissions that are attributable to investments in polluting companies and sectors are estimated to be so, so, so much higher in volume than those consumption emissions for the majority of people. The regulation that is needed and that we’re asking for only pertains to a very small group of people on the whole, which makes it a very attractive policy option for most people.” ~ Franziska Mager, Tax Justice Network
“The most important thing when it comes to the richest people and climate change is their political power capturing governments, shaping policy, shaping laws. The fact that the tax havens are still open is a demonstration of their power and likewise for the polluter elite who derive their wealth and their luxury lifestyles from polluting activities, they are the ones who are using everything they can to block governments at national, regional and local level from basically pushing forward cleaner and greener technologies which would mean that the companies they’re invested or they own permanently lose market share, that’s what terrifies them. And that’s why, the political power of the polluter elite is so important to focus on and to counter. To actually shift things, you have to challenge the power.” ~ Dario Kenner, Carbon Inequality and the Polluter Elite Database