On this day, August 24th, in 1994 the first signs of a split in the business opposition to climate action appeared.
[The level of carbon dioxide in the atmosphere was 357.59 ppm. Now it is 421ish- but see here for the latest.]
“An additional factor was the splintering of industrial interests. The Global Climate Coalition and the Climate Council had been the main industry participants in the INC, representing mainly coal and oil interests. However, a development within INC 10 was the emergence of an industry lobby in favour of the convention’s further C02 reductions (ECO, 24 August 1994: 4; 26 August, 1994: 1). There was now a wide coalition of industrial interests favouring action on climate change. One consisted of parts of the insurance industry, scared of losses from freak weather (and whose interests have been forwarded, interestingly, by Greenpeace). Another was the ‘sunrise industries’ of renewables and energy efficiency. Yet another was the gas industry.
Matthew Paterson 1996 page 194
Why this matters.
Splits in the previously united church/state/business sector are part of ‘how things change’ if you believe all that dialectic stuff. It’s immaterial now though, given how the atmospheric concentrations have climbed, will climb…
What happened next?
A few re-insurers turned up for a day at the COP1 meeting in Berlin the following year, but were of course outnumbered, outgunned and outfought by the fossil lobbyists. (See Jeremy Leggett’s “The Carbon War” for an account of this).
Then, in 1997, BP became the first sizeable defector from the Global Climate Coalition. Now actual outright denial is relatively rare. But resistance to appropriate action continues…