Legislating for No More Bad Investments Philip Sutton, Strategist - - PowerPoint PPT Presentation

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Legislating for No More Bad Investments Philip Sutton, Strategist - - PowerPoint PPT Presentation

Nov 21, 2022 338 likes •451 views

Legislating for No More Bad Investments Philip Sutton, Strategist Talk outline Introduction to the NMBI Act for passage by State and Territory governments Change paradigm (going for the package) The campaign for the

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SLIDE 1

Legislating for “No More Bad Investments”

Philip Sutton, Strategist

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SLIDE 2

Talk outline

  • Introduction to the NMBI Act

– for passage by State and Territory governments

  • Change paradigm (going for the package)
  • The campaign for the NMBI Act
  • The climate emergency context
  • Promoting the adoption of the NMBI Act
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Introduction to the NMBI Act

  • Part 1—Preliminary
  • Part 2—The Climate Restructuring Authority

– Membership of Board

  • Part 3—Supply chain offences
  • Part 4—Transition requirements for all other relevant

supply chains

  • Part 5—Monitoring and management
  • Part 6—Panel
  • Part 7—Giving notice and making information available

publicly

  • Part 8—Regulations
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SLIDE 4

Change paradigm (going for the package)

  • Paradigm 1:

no big vision incremental, gradual change

  • Paradigm 2:

big vision incremental, gradual change

  • Paradigm 3:

big vision fast implementation as a package

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SLIDE 5

The campaign for the NMBI Act

  • Dominos

– South Australia

  • Seeding

– Queensland

  • Where else next?
  • Which groups will champion the

campaign?

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SLIDE 6

The climate emergency context: goals

  • Stop the plunge into total catastrophe
  • Back out of dangerous climate change
  • Restore a safe climate
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SLIDE 7

The climate emergency context psychology

  • Emergency problem (scary)
  • Emergency solution (positive, exhilarating)
  • No leadership (scary, try not to engage)
  • Authoritative leadership (positive,

exhilarating)

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SLIDE 8

The climate emergency context solution levers

  • Zero emissions (emergency speed) 
  • Full drawdown 
  • Only if net environmental benefit, temporary

solar reflection cooling (???)

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SLIDE 9

The climate emergency context High level action

  • Solutions investment
  • “No More Bad Investment” legislation
  • Shutdown/conversion legislation
  • Legislation to declare a climate emergency

and to complete setting up full program.

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SLIDE 10

Promoting the adoption of the NMBI Act

  • Concept development: RSTI
  • Action hub: cedamia
  • Partners
  • State and Territory campaign leads
  • Would you like to help the campaign

grow?