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Will corporations control the green economy?

Jan. 3, 2012, Ottawa, ON - A new report, "Who will control the green economy?" by the NGO Action Group on Erosion, Technology and Conservation states that green technology in today's market will depend on large corporations for support.


January 3, 2012
By David Manly

Jan. 3, 2012, Ottawa, ON – A new report, entitled "Who will control the
green economy?" by the Ottawa-based NGO Action Group on Erosion, Technology and
Conservation states that the continued survival of green technology is
today's market will depend on large corporations for support.

In an analysis published in the Digital Journal, author Lynn Herrmann states that this path is fraught with problems, and could result in a so-called "greed economy."

"The report points out some of the major players in the move to secure
biomass (and its transformative technologies) and their constellation of
corporate convergence include: Big Energy (Exxon, BP, Shell, Chevron,
Total); Big Pharma (Roche, Merck); Big Food & Ag (Cargill, DuPont,
Monsanto, Unilever, Proctor & Gamble, Bunge); Big Chemical (Dow,
DuPont, BASF); and the Mightiest Military (the U.S. military)."

The article goes on to discuss a wide variety of different major corporations that are involved in biomass, bio-technology and other green projects, and that they show no sign of slowing down. In fact, they are increasing in number.

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"The report concludes by calling for innovative and authoritative
anti-trust mechanisms (currently nonexistent) to be created for reining
in corporate power. The current disconnect between climate policy, food
security and agriculture must be bridged by international policy
makers, noting food sovereignty must be the overall framework in
addressing these issues."

For the entire report analysis, please read it here.


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