For Obama, No
Opportunity Too Big To Blow
posted by Naomi Klein on 12/21/2009 @ 10:26am
Contrary to countless reports, the debacle in
There's plenty of blame to go around, but there was one country that possessed unique power to change the game. It didn't use it. If Barack Obama had come to
(The "deal" that was ultimately rammed through was nothing more than a grubby pact between the world's biggest emitters: I'll pretend that you are doing something about climate change if you pretend that I am too. Deal? Deal.)
I understand all the arguments about not promising what he can't deliver, about the dysfunction of the
Blown Opportunity Number 2: The Auto Bailouts Speaking of the car culture, when Obama took office he also found himself in charge of two of the big three automakers, and all of the emissions for which they are responsible. A visionary leader committed to the fight against climate chaos would obviously have used that power to dramatically reengineer the failing industry so that its factories could build the infrastructure of the green economy the world desperately needs. Instead Obama saw his role as uninspiring down-sizer in chief, leaving the fundamentals of the industry unchanged.
Blown Opportunity Number 3: The Bank Bailouts Obama, it's worth remembering, also came to office with the big banks on their knees -- it took real effort not to nationalize them. Once again, if Obama had dared to use the power that was handed to him by history, he could have mandated the banks to provide the loans for factories to be retrofitted and new green infrastructure to be built. Instead he declared that the government shouldn't tell the failed banks how to run their businesses. Green businesses report that it's harder than ever to get a loan.
Imagine if these three huge economic engines -- the banks, the auto companies, the stimulus bill -- had been harnessed to a common green vision. If that had happened, demand for a complementary energy bill would have been part of a coherent transformative agenda.
Whether the bill had passed or not, by the time
There are very few
Research support for Naomi Klein's reporting from Copenhagen was provided by the Investigative Fund at The Nation Institute.
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"The master class has always declared the wars; the subject class has always fought the battles. The master class has had all to gain and nothing to lose, while the subject class has had nothing to gain and everything to lose--especially their lives." Eugene Victor Debs