this post was submitted on 15 Oct 2024
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Climate - truthful information about climate, related activism and politics.

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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.

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‘I love the smell of success more than petrol’: Australian investors break with tradition in world-leading climate campaign (www.theguardian.com)
submitted 2 months ago by [email protected] to c/[email protected]
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Investors say climate change poses biggest risk to their assets, and urge Albanese government to see the economic dangers of a slow path to net zero

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[–] [email protected] 13 points 2 months ago (2 children)

So as much as this community leans anti-capitalist (including myself), THIS is how the green transition is going to get traction: get the banks and investment firms to understand that the environment is going to repeatedly punch them in the dick if they don’t move away from environmentally catastrophic investments.

[–] [email protected] 5 points 2 months ago (1 children)

It's definitely possible to get a lot this way. It probably can't do enough, fast enough, on its own though — it will take government forcing the transiation to happen. Otherwise, we'll get the energy equivalent of whale blubber being turned into margarine in order to keep the whaling industry profitable.

[–] [email protected] 3 points 2 months ago (1 children)

No you’re not getting what I’m saying.

Getting people with shitloads of money to recognize that portfolios are gonna fuckin TANK when the climate implodes is what’s going to move the needle at the end of the day. They don’t care about anything except ROI. If that becomes negative for anything related to stuff that’s environmentally harmful, that’s what will change the equation for them.

[–] [email protected] 5 points 2 months ago

That might just result in a boom in billionaire bunkers, rather than any kind of systematic attempt at solving the underlying problem.

[–] ShittyBeatlesFCPres 3 points 2 months ago

Big insurance companies are also big institutional investors. They can’t be thrilled that their risk level is uncertain.