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Greenpeace International
Greenpeace International
@greenpeace@mastodon.social  ·  activity timestamp 9 hours ago

“The climate crisis could trigger a global financial crash as temperatures rise beyond 2C, but governments and investors are relying on economic models that fail to account for the scale and severity of the damage.”

https://www.independent.co.uk/climate-change/news/global-financial-crash-climate-crisis-damage-b2914291.html

The Independent

Climate crisis could cause global financial crash

Researchers say governments and financial institutions underestimating threat because they rely on models that assume climate crisis impacts will be gradual
Susi Arnott
Susi Arnott
@SusiArnott@mastodon.green replied  ·  activity timestamp 7 hours ago

@greenpeace Metric/indicator so intrinsic to building the polycrisis sure as hell won't do well out of it - one of the stupefying aspects of #FossilCapital is the notion there's some future exclusive happy land for the wealthy, once ecosystems are screwed

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Jonathan Schofield boosted
Susi Arnott
Susi Arnott
@SusiArnott@mastodon.green  ·  activity timestamp 3 months ago

End Fuel Poverty Coalition co-ordinator Simon Francis said: “The real emergency is that by 2027, the UK won’t even produce enough gas to heat our homes and only 14 per cent of all the gas that ever existed in the North Sea is left."
...
“Real energy security comes from backing British renewables, reforming electricity pricing and upgrading homes, not clinging to declining fossil fuels and asking the public to subsidise record industry profits.”
#FossilCapital
https://morningstaronline.co.uk/article/tory-drilling-plans-would-hand-millions-oil-and-gas-giants

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Susi Arnott
Susi Arnott
@SusiArnott@mastodon.green  ·  activity timestamp 3 months ago

End Fuel Poverty Coalition co-ordinator Simon Francis said: “The real emergency is that by 2027, the UK won’t even produce enough gas to heat our homes and only 14 per cent of all the gas that ever existed in the North Sea is left."
...
“Real energy security comes from backing British renewables, reforming electricity pricing and upgrading homes, not clinging to declining fossil fuels and asking the public to subsidise record industry profits.”
#FossilCapital
https://morningstaronline.co.uk/article/tory-drilling-plans-would-hand-millions-oil-and-gas-giants

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Susi Arnott
Susi Arnott
@SusiArnott@mastodon.green  ·  activity timestamp 4 months ago

Describing the COP climate meeting as having become more like a “festival for the oil-producing countries”, Talia said Tuvalu is also exploring a range of alternative initiatives...
...Representatives of oil-producing countries are now attending the COP climate meetings in “big numbers”, Talia said, in order to try and “really bury our voice as small developing countries”.
#ClimateJustice #GHGEmissions #FossilCapital
https://aje.io/68isnu

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