Friday, February 10, 2006


The BBC just can't stop issuing one report after another on climate change. They certainly keep this blog going with an interesting flow of facts and opinions.

Today's article is about an organization caled Nef. This stands for New Economics Foundation. Their web site states that

"nef is an independent 'think and do' tank. We believe in economics as if people and the planet mattered"

The article is about the "real" non-profits being made by oil companies. It also comes up with an intereting side issue, that the UK Treasury earns more from petroleum related taxation that the combined taxes on council tax, stamp duty, capital gains and inheritance tax combined. As a result, Nef contends that the UK Government has tied its own hands in dealing with the fossil fuel "problem".

I have a problem with Nef in that they are quick to criticize but slow to advance any alternatives. They have plenty of people (40) listed in their "about" page who seem to do nothing more than run committees and programs - example "Tim Jackson, Nef associate, well being"

BP has a corporate head office with not many more people than Nef yet it is capable of contributing to the world's energy needs (we do need energy!), it is capable of being profitable (even in the lean years) and is a good corporate citizen. Nef's credentials are that it likes to slag off one of the most successful industries on the planet.

Personally, I think the Oef (Old economics foundation) has a much better plan for the planet!


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