112

The $5 trillion industry's move against clean energy and green technology may prove more damaging than political pushback over "woke" capitalism.

you are viewing a single comment's thread
view the rest of the comments
[-] ICastFist@programming.dev 4 points 15 hours ago* (last edited 15 hours ago)

They have the money, of course they will bet on what they can control and makes them more money. It's past time those fucking things get taxed into oblivion, like a 95% tax on every cent earned after 1 million. Managing to shut off tax havens would go a long way, too.

Despite the promises, clean energy and green technology stocks have lagged far behind the broader market. Deep-pocketed institutions are concluding that many climate investments won’t pay off as quickly, or as lucratively, as they’d hoped.

When you're a hammer, everything is a nail. When you're a hedge fund, everything is stonks. Fuck them. Blow them all up to hell.

this post was submitted on 21 Oct 2024
112 points (99.1% liked)

Climate - truthful information about climate, related activism and politics.

5152 readers
558 users here now

Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.

As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades: Graph of temperature as observed with significant warming, and simulated without added greenhouse gases and other anthropogentic changes, which shows no significant warming

How much each change to the atmosphere has warmed the world: IPCC AR6 Figure 2 - Thee bar charts: first chart: how much each gas has warmed the world.  About 1C of total warming.  Second chart:  about 1.5C of total warming from well-mixed greenhouse gases, offset by 0.4C of cooling from aerosols and negligible influence from changes to solar output, volcanoes, and internal variability.  Third chart: about 1.25C of warming from CO2, 0.5C from methane, and a bunch more in small quantities from other gases.  About 0.5C of cooling with large error bars from SO2.

Recommended actions to cut greenhouse gas emissions in the near future:

Anti-science, inactivism, and unsupported conspiracy theories are not ok here.

founded 1 year ago
MODERATORS