Thursday 18 April 2019

It’s not just Extinction Rebellion & school children, now BoE warns of climate danger

You can sense that the climate emergency is thankfully climbing up the agenda and increasingly into the public consciousness – as it must, if we are to survive as a species.

Not only are the impacts of climate change becoming more apparent for all to see, not only are increasing numbers of ordinary people being compelled to engage in peaceful but illegal activities in an effort to force urgent action, not only – at the time of writing – have more than 400 people been arrested at the Extinction Rebellion protests where the streets of London are being brought to a standstill, not only are school children going on climate strike across the world, not only has our public broadcaster changed its stance – no longer giving deniers equal air time in the face of science, and this very evening putting David Attenborough prime time to warn us of Climate Change - The Facts, not only all that, but now there are warnings from the Bank of England and other central banks too:
"If some companies and industries fail to adjust to this new world, they will fail to exist"
The debate has accelerated over the space of just a few years, and the spotlight will now increasingly be shone on corporate action – or inaction – on climate change; even perhaps on humble aggregate and cement producers – LafargeHolcim, parent of Aggregate Industries, being the biggest one of all.

Sonja Laud, deputy chief investment officer at Legal & General Investment Management:
We are now aware of the urgency, so the shift towards companies is probably the right one, because it seems that politicians for the time being are not willing to take the drastic steps that would be needed to shift towards achieving the Paris Accord climate pledge.
She’s right. Something’s got to change. But how?

Some companies continue to spout nonsense like this:


... whilst continuing to grow their CO2 emissions and plot 2.5 million mile haulage routes across Devon; If AI’s record is an example of corporate action on climate change, we’re all screwed.