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Sixty days and counting - Kim Stanley Robinson [79]

By Root 1236 0
Another exception to the supposed schedule. Because they needed the World Bank executing Phil’s program; in the war of the agencies, now fully engaged, the World Bank and the International Monetary Fund were among the most mulish of their passive-aggressive opponents. Phil had the power to hire and fire the upper echelons in both agencies, which was good leverage, but it would be better to do something less drastic, to keep the midlevels from shattering. This meeting with the Intergovernmental Panel on Climate Change, a UN organization, might be a good venue for exerting some pressure. The IPCC had spent many years advocating action on the climate front, and all the while they had been flatly ignored by the World Bank. If there was now a face-off, a great reckoning in a little room, then it could get interesting.

But the meeting, held across the street in the World Bank’s headquarters, was a disappointment. These two groups came from such different world-views that it was only an illusion they were speaking the same language; for the most part they used different vocabularies, and when by chance they used the same words, they meant different things by them. They were aware at some level of this underlying conflict, but could not address it; and so everyone was tense, with old grievances unsayable and yet fully present.

The World Bank guys said something about nothing getting cheaper than oil for the next fifty years, ignoring what the IPCC guys had just finished saying about the devastating effects fifty more years of oil burning would have. They had not heard that, apparently. They defended having invested 94 percent of the World Bank’s energy investments in oil exploration as necessary, given the world’s dependence on oil—apparently unaware of the circular aspect of their argument. And, being economists, they were still exteriorizing costs without even noticing it or acknowledging such exteriorization had been conclusively demonstrated to falsify accounts of profit and loss. It was as if the world were not real—as if the actual physical world, reported on by scientists and witnessed by all, could be ignored, and because their entirely fictitious numbers therefore added up, no one could complain.

Charlie gritted his teeth as he listened and took notes. This was science versus capitalism, yet again. The IPCC guys spoke for science and said the obvious things, pointing out the physical constraints of the planet, the carbon load now in the atmosphere altering everything, and the resultant need for heavy investment in clean replacement technologies by all concerned, including the World Bank, as one of the great drivers of globalization. But they had said it before to no avail, and so it was happening again. The World Bank guys talked about rates of return and the burden on investors, and the unacceptable doubling of the price of a kilowatt hour. Everyone there had said all of this before, with the same lack of communication and absence of concrete results.

Charlie saw that the meeting was useless. He thought of Joe, over at the daycare. He had never stayed there long enough even to see what they did all day long. Guilt stuck him like a sliver. In a crowd of strangers, fourteen hours a day. The Bank guy was going on about differential costs, “and that’s why it’s going to be oil for the next twenty, thirty, maybe even fifty years,” he concluded. “None of the alternatives are competitive.”

Charlie’s pencil tip snapped. “Competitive for what?” he demanded.

He had not spoken until that point, and now the edge in his voice stopped the discussion. Everyone was staring at him. He stared back at the World Bank guys.

“Damage from carbon dioxide emission costs about $35 a ton, but in your model no one pays it. The carbon that British Petroleum burns per year, by sale and operation, runs up a damage bill of fifty billion dollars. BP reported a profit of twenty billion, so actually it’s thirty billion in the red, every year. Shell reported a profit of twenty-three billion, but if you added the damage cost it would be eight billion

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