Even though the science says we cannot carry on drilling, the oil industry capital investment over the next decade is forecast to rise over 85%, reaching over $1 trillion a year.
“Until we have a law to prosecute those who destroy the planet, corporations will never be called to account for their crimes”.
The message in today’s Asian Financial Times is simple: climate leaders don’t fund coal.
“This is not a political movement, this is a movement of humanity. We are all backgrounds, all ages, all races, bound together in one wish, one dream, which is that we will have a good, decent, loving future, for generations to come.”
Minnesota’s new bill, which would stop the buildout of fossil fuel infrastructure, is a critical piece of the overall Green New Deal puzzle – in order to address climate climate crisis, we must be actively winding down the fossil fuel industry by stopping its expansion and phasing out existing infrastructure with an equitable transition.
Yesterday, President Trump signed two executive orders in his latest brazen attempt to appease the fossil fuel industry, just as further research was published revealing the drastic need to scale back carbon emissions if young people are going to have a liveable future.
Last week, some 50 leading scientists, NGOs, investors, politicians and energy experts wrote to the International Energy Agency (IEA) to criticise the world’s top energy body for not aligning its energy forecasts with the latest climate science.
Earlier today in the Hague, the oil giant Shell received an historic court summons demanding it to reduce its carbon emissions in line with internationally recognized climate goals. The lawsuit is known as #ThePeoplevsShell.
Today, over 40 business leaders, investors, and energy experts found remarkable alignment around demanding more from the IEA. In a letter covered by the Financial Times, a broad collection of signatories called on the IEA to develop a truly Paris-aligned scenario.
One million acres of farmland under water, one million wells at risk and one million calves lost, due to the floods. This is climate change in action. How much more evidence does Trump need before he realizes there is a climate crisis going on?