'All the world’s a stage,” wrote William Shakespeare. Centuries later, that stage is on fire
world’s a stage,” wrote William Shakespeare in his monologue, “The Seven Ages of Man”. Centuries later, that stage is on fire, to paraphrase Greta Thunberg, the 16-year-old Swedish climate-change activist who delivered a raw message to titans of industry in Davos this year that their companies were helping stoke the blaze.
The “whining schoolboy...creeping like snail unwillingly to school”, Shakespeare’s second age, sums up industries like iron and steel, cement and power-generation, which produce about half of all energy-related COemissions yet grumble over carbon-pricing schemes and renewable-energy mandates intended to change their behaviour. A favourite excuse for foot-dragging is that onerous regulation risks “carbon leakage” to countries with laxer emissions rules.
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