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The 1% want to solve climate change. But they won’t do the one thing that might actually work

At the World Economic Forum this year, business elites and political leaders charted a new form of climate-friendly capitalism. But it's a palliative capitalism

By Oli Mould  

June 16, 2017 - FILE PHOTO - Amazon has acquired Whole Foods, a move that marks the e-commerce giant's official entry into the world of physical stores as well as groceries. It's Amazon's biggest acquisition ever, paying $13.7 billion in cash for the grocery chain, which now operates some 465 stores across the U.S. Amazon has grown into a retail behemoth and has has been tip-toeing into bookstores and experimental convenience stores. Those efforts led to speculation that Amazon eventually would make a major acquisition of a chain, rather than slowly build out its own stores. That acquisition ended up being Whole Foods. Pictured: March 30, 2017 - FILE - JEFF BEZOS, Amazon (AMZN) founder and CEO, is now the second-richest person on the planet. Bezos' wealth climbed to 5.6 billion on Wednesday, according to the Bloomberg Billionaires Index. Helping Bezos get to the No. 2 perch: A rally in Amazon shares to a record. They closed up 2% at 74.32, lifting Amazon's market cap to 22 billion. Bezos owns nearly 17% of Amazon's shares, worth 0 billion, according to S&P Global Market Intelligence. Pictured: Sept. 6, 2012 - Santa Monica, California, U.S. - Jeff Bezos, chief executive officer of Amazon.com Inc., introduces new Kindle Fire HD tablets in different sizes at a news conference. (Credit Image: © Patrick Fallon via ZUMA Wire)

As we entered the new decade, bushfires swept across Australia, hinting at the dystopian post-climate change landscape we may all have to inhabit in the near future. Meanwhile, 10,000 miles (and about 40 degrees centigrade) away in Switzerland, a group of global leaders and influential elites in the mountainous town of Davos were charting a course for our…

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