Continue reading “Financial giants can have a pivotal role for climate stability”
Banks, pension funds and other institutional investors have a key role to play in efforts to avoid dangerous climate change. A limited number of these investors have considerable influence over the Amazon rainforest and boreal forests that are known ‘tipping elements’ in the climate system. Protecting these ‘tipping elements’ should be a priority for investors to help reduce both climate change and systemic financial risks created by it.
“What powers an electric car? Well, you might think batteries. Okay. But let’s take it one step further here. What powers the batteries? Where does that electricity come from? Predominantly it comes from coal-fired power plants, which are located outside the cities. And those coal plants, of course, emit some amount of mercury and heavy metals, and they emit carbon dioxide, of course, and particulate pollutants, which then settle on farm lands and forests and rural areas.”
In another article from one of the armpits of the internet (Natural News), Adams makes this point as though he is revealing a dirty secret of the industry.
Continue reading “Electric Cars Result in Pollution? No Kidding.”