In the vast expanse of the climate change frontier, there roam “Carbon Cowboys.” These aren’t the traditional Wild West cowboys, but modern entities, often corporations, quangos, assemblies and governments, who wield immense power over carbon emissions. But as in George Orwell’s Animal Farm, some forms of carbon are more equal than others.
The carbon market and offsetting system have ushered in an era of neo-colonialism, perpetuating global inequities. Carbon, like sewage, must be managed to prevent environmental harm. The IPCC stresses the urgent need for industrial-scale negative emissions technologies to meet Paris Climate Accord targets. Yet, solutions disproportionately burden underdeveloped nations for emissions they didn’t historically contribute.
TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on the UK, Crown Dependencies and International Finance Centres, the strategy is to build local businesses of scale around TEAM’s core skill of providing investment management services.
