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Jim Hightower on Scum-sucking Bankers
Chase bank weaseled out of its latest climate action commitment with corporate claptrap, declaring that reducing fossil fuel investments "will not successfully achieve the necessary transition of the global energy system." Yeah, so why bother? Forget what we promised way back when.
Then Wall Streeters wonder why people distrust and despise them!
https://www.arcamax.com/politics/fromtheleft/jimhightower/s-3114761
agree, reducing investments alone won't produce enough force to stimulate a lasting change - especially when you don't have something working that can replace it... only when there's equal options you can force a switch (if governments seriously want, which I doubt - too many interests at play)
@Madken65 So close! They're not wrong, reducing fossil fuel investments is a necessary but insufficient step. The next steps are investing in efficiency and renewable resources which are both extremely profitable as well as planet-preserving. If they're too ignorant to understand it others aren't.
#energy #climate
/nosanitize
https://www.iea.org/reports/renewables-2022/executive-summary
https://www.iea.org/reports/renewables-2021/renewable-electricity?mode=market®ion=World&publication=2021&product=Total
https://www.mckinsey.com/~/media/mckinsey/dotcom/client_service/sustainability/pdfs/a_compelling_global_resource.ashx