Swire thinks “the market” (private enterprise) can solve climate crisis

Well, he would wouldn’t he.

He says:

” … For us to solve this crisis, it is more realistic to make modern industry part of the equation.

“Of course Government intervention and raising awareness has a role to play but the vital component has to be human ingenuity fostered within markets regulated cleverly by the state.

“And it is only in healthy, entrepreneurial economies that inventions can be made – the electric vehicles, smart electricity grids, revolutionised batteries.

“Shell, for example, has spruced up its act and is now one of the biggest investors in renewable energy in the world, spending billions on solar research and development.

“We need to see other big corporations following suit and to meet UN targets by 2030 or 2050 the real change has to come from industry in China, India and USA. …”


Particularly interesting as he is in partnership with the VERY VERY controversial Lord Barker (see numerous EDW posts on him) in a (dormant) company – Eaglesham Investments Ltd – which used to describe itself as:

“developer of clean energy projects overseas, focussed on emerging economies”


but now describes itself as:

“Other business support service activities not elsewhere classified”

Yeah, the market will definitely sort it all out ….. for some people.