The question is how to make the world deal with it. And, like so many things, it comes down to protest and money.
Instead, the value of the fossil fuel sector is reckoned to have gone up by $580bn . Financial markets, it seems, don't think the world will stick to the deal it signed in Paris.of the corporate and banking world. Its theme, spread over more than 100 pages, can be synthesised into this: climate change is bad for business. It's going to cost a lot of money to get things sorted, but the longer the world delays, the more difficult and expensive it will get.
However you cut it, the costs are huge. For a start, the money needed - even now - is eye-watering. Moving our economies away from oil, and over to renewable energy will cost trillions of pounds in investment. It might also need some significant changes to the rules.Sarah Breeden, the Bank of England's executive director for international banks supervision
But it does create a curious position - that finance companies get more credit from their central bank for buying shares in oil companies than putting up the money to build a wind farm. For a company such as Aviva, which says it wants to invest in green infrastructure, such as offshore wind farms, that's a frustration.
yes but unless china america are on board what we do will B pointless
Climate Should I believe it?
The only change from “Climate Change” will be that the average Joe will have even less change in his back pocket due to the PC Mob bleating on about the “end of the world” As with all modernistic crap - Buy it if you are easily led 😳
It’s a shame “employers” (forced self employment) don’t see that money talks and would rather “terminate your contract” for asking for more! 🤔