Tag Archives: business model

Permitting Reform? How About a Better Business Model?

From Phil Bloomer’s case for “tempered optimism” on business and human rights in the new year:

…2022 saw human rights gains in some key sectors, even as there remains room for considerable improvement. In 2023 our movement has a critical opportunity to hold together on climate change and the urgent energy transition. We all recognise that rapid shutdown of fossil fuels is an existential challenge, but divisions arise on how to achieve speed. Some activists advocate the inclusion of human rights ‘as long as it does not slow the transition’. But growing evidence shows we will only achieve a fast transition if it respects human rights and delivers real benefits to communities and workers. More responsible renewable energy companies are moving to adopt this effective business model by including shared ownership to build the stake of communities and workers in these projects. More troubling is the transition minerals sector, on which new renewable installations depend, where even the more responsible mining companies appear committed to ‘business as usual’ models – and that’s despite expensive permit suspensions and community protests against abuses.