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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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.1 reply 0 retweets 1 likeShow this thread -
Emily Cunningham Retweeted Alex Steffen
"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 …
#ClimateEmergencyEmily Cunningham added,
Alex SteffenVerified account @AlexSteffenThe unsustainable is a financial bubble. A survey of 39 fund managers managing $10.2 trillion finds 24% think "oil companies should shut themselves down because soon they will become impossible to invest in as the world switches to renewable energy." https://www.theaustralian.com.au/world/the-times/writing-on-the-wall-for-oil-companies-say-funds/news-story/0a47ef409d3ec0081610edde2d41e32e?nk=4396dde420b95da00e05e423010742df-1556833270 …Show this thread1 reply 0 retweets 4 likesShow 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 …
#ClimateEmergency
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