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RIO+20 – Pat Mooney Worried About Geoengineering and “Financialization of Nature”.

Friday, June 22, 2012 21:23
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Pat Mooney from the ETC Group interviewed on the current Rio+20  negotiations (20 June, 2012)

“In 1992 our big concern was with bio-piracy and Bio-Pirates. Now our big concern is the Bio-Masters. They’re no longer the pirates – they’re the masters.  In 1992 they got that part of biological diversity that had value..the 23.8% of the world’s biomass that was in the marketplace already. This time they’ve come back for the other 76.2 percent of the world’s biomass that hasn’t been in the market, yet.  This is the financialization of nature through the  “Green economy” . That’s what they’re trying to get and they’ve gone a long way to getting it. – much more than we expected. We thought, in fact, the G-77 would be tougher in resisting it.  In fact if you look at who are the victors here it’s really been the private sector and the acceptance of this concept of the financialization of nature  it’s gone much further than I would have thought.”

Question: “Which are the countries which are backing the moves to this kind of poilitics of geoengineering and this kind of stuff?” 

Mooney:  “They look a lot like me. They speak English like I do. They’ve got my kind of skin and my kind of background.  It’s the USA, Canada, UK, Australia, New Zealand, – It’s the big, bad former colonial powers. Much less so, Western Europe.”

Hands Off Mother Earth








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