Extractive Industries and Climate Change

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Extractive Industries and Climate Change
Contrary to rhetoric, Foreign Direct Investment does not ‘flow’ into Third World countries. Instead, ‘capital “hops” over “unusable Africa,” alighting only in mineral-rich enclaves that are starkly disconnected from their national societies. The result is not the formation of standardized national grids, but the emergence of huge areas of the continent that are effectively “off the grid,”’ as James Ferguson argues.
But Africa is sufficiently on the world grid for the purpose of not only mineral/petroleum extraction, but also abuse of the continent’s ‘ecological space’ and capacity to use nature for economic development. But being on-grid for resource extraction and environmental exploitation is a curse. It gives rise to the argument that the Northern industrialized powers owe the non-industrial South – especially Africa - a formal debt for taking too much ecological space, and for ripping out non-renewable resources in an unsustainable manner.
Extractive Industries and Climate Change
Contrary to rhetoric, Foreign Direct Investment does not ‘flow’ into Third World countries. Instead, ‘capital “hops” over “unusable Africa,” alighting only in mineral-rich enclaves that are starkly disconnected from their national societies. The result is not the formation of standardized national grids, but the emergence of huge areas of the continent that are effectively “off the grid,”’ as James Ferguson argues.

But Africa is sufficiently on the world grid for the purpose of not only mineral/petroleum extraction, but also abuse of the continent’s ‘ecological space’ and capacity to use nature for economic development. But being on-grid for resource extraction and environmental exploitation is a curse. It gives rise to the argument that the Northern industrialized powers owe the non-industrial South – especially Africa - a formal debt for taking too much ecological space, and for ripping out non-renewable resources in an unsustainable manner.

 

 

 

 

 

 

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Let there be work, bread, water and salt for all. Nelson Mandela