Author Topic: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed  (Read 4004 times)

rcjordan

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #15 on: November 04, 2021, 06:57:05 PM »
+

Pledges and vows are cheap & easy.

Banks are still financing fossil fuels – while signing up to net zero pledges | Mariana Mazzucato | The Guardian
https://www.theguardian.com/commentisfree/2021/nov/04/banks-are-still-financing-fossil-fuels-while-signing-up-to-net-zero-pledges

ergophobe

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #16 on: November 05, 2021, 03:41:12 AM »
I was just listening to an interview with a finance person who is credible who did an analysis and said he came down to believing that ESG funds do more harm than good on climate. In many cases, they can make the cut by just having good corporate governance and there's no real signal being sent to the company about specific things, notably climate. Many of the ESG funds he looked at included Exxon and similar.

rcjordan

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #17 on: November 05, 2021, 07:14:58 PM »

Drastic

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #18 on: November 06, 2021, 03:35:42 PM »
~50 fucken years? Please tell me we won't pay for this nonsense.

rcjordan

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #19 on: November 08, 2021, 03:23:22 PM »
COP26: Rich countries ‘pushing back’ on paying for climate loss - BBC News
https://www.bbc.com/news/science-environment-59206814

rcjordan

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #20 on: November 08, 2021, 04:26:34 PM »
+

Climate on track to devastate world’s poorest economies: Study |  Al Jazeera
https://www.aljazeera.com/news/2021/11/8/climate-on-track-to-devastate-worlds-poorest-economies-study

Prediction of the Climate Change-driven Exodus of the Town of Tangier, the Last Offshore Island Fishing Community in Virginia's Chesapeake Bay.
https://www.frontiersin.org/articles/10.3389/fclim.2021.779774/full


ergophobe

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #21 on: November 08, 2021, 07:11:25 PM »
COP26: Rich countries ‘pushing back’ on paying for climate loss

This basic aspect has always been true. This was the stumbling block for George H.W. Bush. He fully accepted that *something* had to be done, but felt that the US was being asked to bear too much burden.

Looking at per capita emissions, lifetime historical emissions by county, who caused the damage versus who suffers the damage and almost everything I can think of, the weight of the moral argument is with the poor countries.

But set that aside for a second. Let's say we don't care about morality and ethics, we just want to do the practical thing. Paying for solutions that keep people in their birth countries and that limit the climate refugee problem, ultimately makes our border security a much simpler problem. Those solutions are probably cheaper in the long run than creating a Fortress America and Fortress Europe to keep all those people out.

And then there's the thing that rarely gets talked about. Many geo-engineering solutions are cheap, but rather dangerous. As a poor country faces existential threat, it will not be that expensive for that country to just launch a Hail Mary and dump copper sulfate into the ocean or some such thing in a last-ditch effort to save themselves, consequences on other nations be damned.

What goes around comes around eventually. I think we're more secure when they are more secure.

rcjordan

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #22 on: November 09, 2021, 01:45:22 PM »
>refugees

Man without a country.

Tuvalu looking at legal ways to be a state if it is submerged | Reuters
https://www.reuters.com/business/cop/tuvalu-looking-legal-ways-be-state-if-it-is-submerged-2021-11-09/

rcjordan

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #23 on: November 09, 2021, 02:03:15 PM »
+

"Actually meeting the far-off net-zero pledges would give humanity an even chance of limiting warming to about 1.8 degrees Celsius (3.2 degrees Fahrenheit) above preindustrial levels, the researchers say. But what countries are planning to do between now and 2030 makes those pledges impossible, and would lead to warming of about 2.5 degrees Celsius (4.5 degrees Fahrenheit)."

U.N. emissions gap report estimates global warming trajectory at 2.5 degrees C - The Washington Post
https://www.washingtonpost.com/climate-environment/2021/11/09/cop26-un-emissions-gap/

ergophobe

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #24 on: November 09, 2021, 05:15:28 PM »
If the fossil fuel lobby were a country, it would be the largest delegation at COP 26
https://www.democracynow.org/2021/11/8/greenwashing_at_glasgow_un_climate_summit

Quote
“We don’t allow tobacco lobbyists into health conferences, so it begs the question why fossil fuel lobbyists are being allowed into the most important climate conference in a generation,” says Wilson.

rcjordan

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #25 on: November 11, 2021, 05:59:00 PM »
>refugees

UK: Frustration, defiance in village to be abandoned to the sea
https://apnews.com/article/climate-rising-sea-levels-wales-8c83d4e60018190a79afb263d64a9d8e

rcjordan

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #26 on: November 12, 2021, 01:07:40 AM »
Developing nations say they're owed for climate damage. Richer nations aren't budging
https://www.mprnews.org/story/2021/11/11/npr-climate-change-cop26-loss-and-damage

rcjordan

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #27 on: November 13, 2021, 01:57:37 AM »

rcjordan

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #28 on: November 15, 2021, 04:15:51 PM »
Shell plans to move its HQ to the UK, amid scrutiny of its taxes and emissions.


Shell to move HQ to London, in historic shift amid energy transition
https://www.livemint.com/companies/news/shell-to-move-hq-to-london-in-historic-shift-amid-energy-transition-11636973672458.html

rcjordan

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Re: Faster, More Drastic Cuts To Fossil Fuel Extraction Needed
« Reply #29 on: November 15, 2021, 06:36:58 PM »
Worth a read.

Some Companies Net-Zero Pledges Aren’t as Good as They Sound | Time
https://time.com/6117635/companies-net-zero-greenwash/