Taking things too far

Environmental Leader reports:

Royal Bank of Scotland’s chairman, Sir Tom McKillop, claimed this week that an attempt by environmental activists to hold it responsible for the carbon emissions of oil and gas projects which it finances was “deeply, deeply flawed,” The Herald reports.

McKillop said the report implied “banks should be responsible for the carbon footprints of everyone they lend to.” He added: “That would mean banks would be responsible pretty much for the carbon emissions of the world.”

“It is just completely flawed,” he claimed, saying that the argument could be extended to take in the impact of households’ carbon emissions if Royal provided a mortgage, or the environmental impact of cars if it had provided a car loan.

This is non-sensical.

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2 thoughts on “Taking things too far

  1. To take a lesson from ecology, everything is connected to everything else. As for cars …yes, the banks are to blame. So is the auto manufacturer, the guy who designed the ICE, the advertiseres who make us (some of us) believe we need SUV’s and the guys who drives them. Of course the government gets tax on it all. This mess is going to be a great finger pointing!!

  2. Rob, you are right on the connected part.

    Some quotes from Dr. Edward Deming…

    What is a system?

    “A system is a network of interdependent components that work together to try to accomplish the aim of the system. A system must have an aim. Without an aim, there is no system. The aim of the system must be clear to everyone in the system. The aim must include plans for the future. The aim is a value judgment.”

    And the 85/15 rule:

    Use statistical techniques to identify the two sources of waste — system (85%) and local faults (15%); strive to constantly reduce this waste.

    When you consider these two statements, in the bigger picture it is the system which needs to be changed and not any one single entity is directly responsible.

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