Privatization is celebrated by many, but at its root this dynamic has played a key role in worsening climate change. Many privatizations protagonists point to the many wonderful things in the modern world and credit them to the private entrepreneur, overlooking the fact that many, if not all the products they claim credit for were the outcome of the hard slog by publicly backed projects.

Should the world be in a position to withstand the rigours of climate change, it will need to forego privatization and embrace "public".

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