Why Are So Many Fossil-Fuel Companies Funding the Paris Climate Conference?


While the cardinal rule of politics is “Don’t bite the hand that feeds you,” the funders of the Paris Climate Summit want you to kiss the hand that chokes you.

The financial conflict of interest behind the Paris summit—with about 20 percent of the budget brought to you by corporations—is basically an open secret. Corporate Accountability International (CAI) has mapped out the connections between energy corporations sponsoring the event, policymakers, and international bodies to show exactly how well choreographed the conference has become: back-channel diplomatic horse trading, showcases for “business innovation,” a perfunctory nod to “civil society groups” and a tightly controlled smattering of protesters.

Read the full article at The Nation here.