One of the few bright spots in an otherwise dismal global response to the escalating climate crisis has been the preparedness of financial market regulators to force their regulated institutions to face up to the implications of climate risk. In so doing, they have been acutely aware of the lessons…
Category: Fiduciary Duty
The Net Zero Emission Illusion
As the need for serious action to prevent runaway global warming becomes critical, it is not surprising that efforts from the denialist lobby to prevent that action intensify, albeit in more subtle form than the blanket refusal of yesteryear to even accept that a climate problem existed. Around the world,…
A call to the Australian people – demand serious action on climate change before it is too late.
After three decades of inaction, human-induced climate change is the greatest threat, and opportunity, facing this country, far outweighing the issues dominating our domestic political discourse, such as the US/China impasse, a faltering economy and religious freedom. The world faces the same threat. Climate change now represents an existential challenge which, if not addressed as a genuine emergency immediately, will destroy human civilisation as we know it within decades. Immediate, in that the actions we take today, particularly expanding fossil fuel use thereby increasing global carbon emissions, are locking-in that outcome.
Submission to the Western Australia EPA on Greenhouse Gas Emissions Assessment Guidance
Contents: • Preamble • Climate Change: the global context • Climate Change Impact • Existential Risk Management • Political & Corporate Attitudes • Community Response • Legal Implications • Conclusions and recommendations on Greenhouse Gas Assessment Guidance Preamble Thank you for the opportunity to make a submission to the Western…
A Parliament Without Trust or Legitimacy Must Go
The insults hurled by David Leyonhjelm at Sarah Hanson-Young recently put parliamentary discourse in the gutter. Leyonhjelm was roundly condemned, but not by our leaders. A limp rap across the knuckles from Turnbull and Shorten, then on to more pressing matters, hoping it will all go away. But not so…
Climate Risk – MCA Directors Breach Duties of Care and Due Diligence
After 30 years of inaction, the focus on climate risk is accelerating as the physical impact of climate change worsens and the transition risks to a low-carbon world intensify. Despite effusive official rhetoric, nothing has been done to seriously address climate change, notwithstanding increasingly urgent warnings . Global climate-related losses…
Facing Reality: Reframing Climate Change as an Immediate Existential Risk
The Big Question: “Who at the highest levels of leadership in corporates and public service will take the bold risks that are required, not gradually or incrementally, but decisively in line with the new scale and speed that ‘unthinkables’ emerge.” ITD – Climate Change Emergency Response Rationale June 2018
Climate Change
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Climate Change: The Fiduciary Responsibility of Politicians & Bureaucrats in the Era of Existential Climate Risks
“Fiduciary: a person to whom power is entrusted for the benefit of another” “Power is reposed in members of Parliament by the public for exercise in the interests of the public and not primarily for the interests of members or the parties to which they belong. The cry ‘whatever it…