“Manufacturing scarcity” is the new watchword in “Green capitalism”. James Heartfield explains how for the energy sector, it has become a license to print money. Increasing profits by cutting output was pioneered by Enron in the 1990s; now the model of restricted supply together with domestic energy generation is promoted worldwide.
James Heartfield
is author of Green Capitalism: Manufacturing Scarcity in an Age of Abundance (Openmute 2008).