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#emergingeconomies

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Africa: Forging a Self-Reliant Economic Future for Africa: [New Times] The global development paradigm is undergoing a fundamental shift. This is a key moment for emerging economies, especially for low-income African countries. The time of easy foreign aid, which isn't always genuine help, is fading fast. It might vanish before we even notice. newsfeed.facilit8.network/TJ38 #Africa #SelfReliance #EconomicDevelopment #EmergingEconomies #ForeignAid

"A cynical $13 million advertising campaign launched by #FossilFuel interests in 1997 to prevent US ratification of the #Kyoto #climate treaty made the case that the US was doing more than its fair share ... in efforts to mitigate #ClimateChange.

Public opinion on climate has never shaken that mentality: Americans have long felt they carry an unfair burden but, surprisingly, #EmergingEconomies are the ones making the big gains on #renewables."

bloomberg.com/opinion/articles

BloombergChina and India Do More Than You Think to Fight Global WarmingBy Carl Pope
Continued thread

"Treating #CarbonCredits as just another export commodity underscores an imbalance at the heart of this global trade: Efforts to develop credits are usually funded by firms from wealthy countries and sold to corporate buyers in Europe and the US, yet most of the projects are located in #EmergingEconomies. This setup has been derided as a form of carbon #colonialism that strips developing countries of an increasingly valuable resource."

bloomberg.com/news/articles/20

Continued thread

"We’re in the midst of an #EnergyTransition, and #oil and #gas companies are getting nervous.

That’s why the #FossilFuel giants are looking to plastics as their next major #growth market.

Yet much of the developed world is already awash in plastics. So fossil fuel and petrochemical companies are relying on #EmergingEconomies in Asia and Africa to drive growth."

Because with fossil fuel companies, it's #colonialism all the way.

cnbc.com/2022/01/29/how-the-fo

CNBCHow the fossil fuel industry is pushing plastics on the worldAs the world transitions away from fossil fuels, oil and gas companies are looking towards plastic as their next major growth market.