Companies not planning for rapidly transitioning off of fossil fuels are putting themselves at risk.
Central bankers, fund managers, global investors are all raising the alarm.
We are in the middle of a #ClimateEmergency.
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This is dangerous and misguided:
"efforts toward renewables take time - they also have to make good business sense"
Why?
–– Physics has already set the timeline for us.
–– Inaction = financial risk to businesses
–– Climate delaying is the new climate denying
#ClimateEmergencyhttps://twitter.com/Khanoisseur/status/1137073096488361985 …
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"If some companies and industries fail to adjust to this new world, they will fail to exist." ~ Central bankers RECEIPTS Central bankers: https://twitter.com/AlexSteffen/status/1120207762779099136 … Fund managers: https://twitter.com/AlexSteffen/status/1124067489145675776 … Global Investors: https://www.theguardian.com/environment/2018/dec/10/tackle-climate-or-face-financial-crash-say-worlds-biggest-investors …
#ClimateEmergencyShow this thread -
MORE RECEIPTS "Companies are vastly underestimating how badly they’ll be hurt by climate change: https://www.fastcompany.com/90279746/companies-are-vastly-underestimating-how-badly-theyll-be-hurt-by-climate-change … Also: https://www.nytimes.com/2018/11/23/climate/us-climate-report.html …
#ClimateEmergencyShow this thread
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Everywhere people seem to imagine that instead of taking action they can just continue existing practices. They don’t understand how rapidly chaos is going to engulf us and that the world we’ve known is over. Radical change is coming no matter what.
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Exactly. I wrote about that recently on another thread:https://twitter.com/emahlee/status/1137779219386081281 …
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