Politics
Aidan Regan: We can have climate action, democracy or wealth - but not all three together
The Cop28 agreement sends an important political signal but the truth is that too many countries, wealthy individuals and powerful corporations benefit from polluting the world
The new trilemma of advanced capitalism is that governments increasingly face a conflicting choice between economic growth, democracy and tackling the climate crisis. They cannot achieve all three objectives simultaneously. The tensions between them are growing.
The pledge by 200 countries of the world to “transition” away from fossil fuels at the UN’s annual climate summit sends an important political signal. But it is not historic. It’s a vague promise by the world’s largest fossil ...
