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Terence Corcoran: Let the carbon consultancy video games start!

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How do you avoid hell on earth? When do you call Send in the advisors

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Terence Corcoran

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August 11, 20215 hours earlier4 minutes read 6 comments Global consulting firms - from big names like PwC, Deloitte, E&Y and KPMG to lesser-known law firms and institutes - see the climate business as a profitable gold mine, writes Terence Corcoran. Global consulting firms – from big names like PwC, Deloitte, E&Y and KPMG to lesser-known law firms and institutes – see the climate business as a profitable gold mine, writes Terence Corcoran. Photo from Reuters

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Following the publication of the latest report by the Intergovernmental Panel on Climate Change (IPCC), British Prime Minister Boris Johnson described it as a “sobering read” and a “wake-up call” for world leaders attending the 26th Congress of the Parties (COP26). to be held in Glasgow in November. Johnson didn’t want to take his comments literally, of course.

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Officially titled, Climate Change 2021: The Physical Science Basis, the IPCC report is 3,949 pages long and contains approximately three million illegible words from the deepest bowels of United Nations climate science that, if tried, would lead readers into the Submerge in the cabinet and finally leave them in the opposite state, as they are neither sober nor awake.

UN Secretary General Antonio Guterres called the report a “Code Red” for humanity. I had to look up the meaning of “Code Red,” which turned out to be the title of a 2020 explosion by heavy metal group AC / DC, with the opening text:

Charging the battery
Arouse madness
A feeling like in the blues of the old days …
Don’t mess with fate
Tough fight, tough night
Dead in your eyes
Fire light, a fire bright
Fire in the night

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Maybe Guterres is hippier than we thought. Not that it matters, the dense content of the report, or even its 42-page “Policy Makers Executive Summary” makes it unlikely that politicians and business leaders will spend much time sobering themselves up with these hard rock science texts: “Globally Averaged Land precipitation has likely increased since 1950, with a faster increase since the 1980s (medium confidence). It is likely that human influence has contributed to the pattern of observed changes in precipitation since the mid-20th century.

Indeed, this content is irrelevant; The message lies in the media message that at this “critical time” urgent action is needed to address a crisis that will require radical reductions in our greenhouse gas emissions in order to avoid the dire effects of global warming. Time is running out to avert “Hell on Earth,” shrieked a headline in the Financial Times.

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How do you avoid hell on earth? When do you call Send in the advisors.

The IPCC report was immediately picked up by an economic sector that conjured itself up for one of the greatest cash wins of all time. Global consulting firms – from big names like PwC, Deloitte, E&Y and KPMG to numerous lesser-known law firms and institutes – see the climate business as a profitable gold mine.

In PwC’s UK office, the consulting firm’s global sustainability and climate change leader immediately issued a response to the IPCC report that spiced up the company’s net-zero agenda. Emma Cox urged all major corporations to grapple with the monstrosity of an IPCC report. “For companies with a global footprint, the report provides the most in-depth analysis of where and how your operations, supply chains and markets are vulnerable to the effects of climate change,” she said.

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The report actually does none of the above, but Cox continued, “Climate science should remain the hard foundation for all decision making and goal setting. In parallel, it must be used to inform and initiate a strong political response to fill the remaining ambition gap in order to keep the goals of the Paris Agreement alive. “

How do companies make climate science the basis for “all” decision-making and goal setting? Undoubtedly, PwC has an answer, as does Deloitte. A recent article posted on the Deloitte website warned that the net zero carbon target requires an urgency that surpasses previous industrial revolutions: the intersection of new low-carbon initiatives. “

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When advisers sound like UN bureaucrats, you know something is wrong. The leadership of another global giant, KPMG, has created a management team called KPMG IMPACT dedicated to pursuing the United Nations Sustainable Development Goals, which are essentially a left-wing takeover of world government.

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In a report published last November, the KPMG IMPACT team held their sales pitches with corporate executives and managers: “Business is not just a critical factor in achieving the net zero goal; it is also at risk from the physical effects of the climate crisis and the economic effects of the transition to a net-zero economy. “

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The world’s executives, managers and directors are ultimately caught between 3,949 pages of incomprehensible and speculative IPCC science pumped up by the media and admonitory offers from advisors eager to capitalize on IPCC climate alarmism.

And so the Olympia of the great consultants runs, a multi-year marathon competition between companies, legal teams and sustainability gurus, in order to benefit from the fears of hell on earth that are promoted when corporations do not get past zero with detailed planning and strategies and politics – and big dollars.

On your sign! Get ready! Call your advisor!

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