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climateandcapitalism
Offsetting allows corporations to increase emissions, while getting credit for pseudo-reductions elsewhere
Since the Paris Agreement in 2016, the world’s 60 largest private banks financed fossil fuels with USD $6.9 trillion. Nearly half – $3.3 trillion – went towards fossil fuel expansion. In 2023, banks financed $705 billion in fossil fuel financing with $347 billion going to fossil fuel expansion alone.
Overexploitation and habitat loss pose extinction threats for migratory fish, birds and others, worldwide
The effect of increasing the concentration of atmospheric carbon dioxide (CO2) on global average surface air temperature might be expected to be constant, but this is not the case. A study published in the journal Science shows that carbon dioxide becomes a more potent greenhouse gas as more is released into the atmosphere.
Without a phase out of fossil fuels, by 2100, 1 in 12 hospitals worldwide will be at high risk of total or partial shutdown from extreme weather events — a total of 16,245 hospitals. Without a phase out of fossil fuels, all of these 16,245 hospitals will require adaptation, where suitable. Even with this enormous investment, for many, relocation will be the only option.
To prevent catastrophe, these countries must stop new extraction projects n: Just 20 countries, led overwhelmingly by the United States, Canada and Russia, are responsible for nearly 90 percent of new greenhouse gas emissions threatened by new oil and gas fields and fracking wells planned between now and 2050. If these extraction projects are allowed to proceed, they will lock in climate chaos and an unlivable future.
Lancet study finds 'green growth' policies fall far short of what's needed to prevent dangerous change…
More than 1 billion cows around the world will experience heat stress by the end of the century if carbon emissions are high and environmental protection is low, according to new research published in Environmental Research Letters. This would mean cattle farming would face potentially lethal heat stress in much of the world, including Central America, tropical South America, Equatorial Africa, and South and Southeast Asia.
The rapid decline of Earth’s most numerous animals is a major threat to the biosphere
Climate-changing pollution reaches record levels, driving unprecedented heating
