Only one in eight of the world’s most-polluting companies are on track to reduce their greenhouse gas emissions in line with global temperature goals, a study funded by investors with US$140-trillion under management found on Wednesday.
The study of 274 of the largest publicly-traded, high-emitting companies found that almost half do not adequately consider climate risks in their operational decision-making. These included German energy firm E.ON , Spanish utility Iberdrola , Finnish paper firm Stora Enso , and Californian utility Edison International , TPI said.
TPI’s report underscored the complexities of pricing the risks in terms of record-breaking extreme weather, an upsurge in climate citizen activism and possible regulatory responses.
globebusiness But not necessarily the carbon tax lol!
globebusiness Adam Matthews, co-chair of the Transition Pathway Initiative (TPI), CO2 is good. Your threats of global disaster are a lie. You will be exposed. I hope before the world spends this money. G&M you should do better than this.
globebusiness “Further warming could push the climate system closer to irreversible tipping points... raising the risk of harvest failures, forced migration, mass extinction of species, ecosystem collapse and societal breakdown.” Remember these words when their predictions fail.
globebusiness They are not instructing their employees to exhale less, they should be taxed at a higher rate until they do. We need to fix the climate, and the only way to do that is to hand over more of our hard-earned money to the government, lets get on this people!... ClimateEmergency