Problem

We face two major problems in this century: Climate Change & Biodiversity Loss

• Climate warming effects: e.g. disasters when going above 1-5 to 2 degrees

• Biodiversity Loss: 

  • >1M species  at risk of extinction

  • 24% of European species extinct since 1970

Climate Change (& in its extension biodiversity loss) overproportionally caused by big, partially government owned companies: 71% of emissions caused by 100 companies

Individual responsibility (e.g. carbon footprint):

•  a) Doesn't scale

• b) was invented by BP in 2004 to move responsibility from big fossil fuel corporations like them towards the individuals

Capitalism is unlikely to disappear --> profits motivate actions

We have to achieve an equilibrium between economic activity & planetary boundaries if we want to survive on this planet for multiple generations