What are the factors that allow the market "to wake up" to looming crises or bubbles? What have we learned from (even recent) history that can help speed this up irt #ClimateCrisis? 1/
@kmac @MCL1965 @GregorMacdonald @CarbonBubble @dfirgs @moorehn @VincentManier @AlexSteffen
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Emily Cunningham Retweeted Gregor Macdonald
I mean the market *should* be waking up to clean energy competition & mounting social (soon to be regulatory) pressures from the climate crisis. Why isn't it? How can we speed it along? Why the market should be waking up to the Carbon Bubble Reason #1 https://twitter.com/GregorMacdonald/status/1082018027967664128 … 3/
Emily Cunningham added,
Gregor Macdonald @GregorMacdonald1/ Electricity is the new oil. China just killed the future of the internal combustion engine. And climate action (energy transition) is neither scary nor costly to the economy, but will pay for itself over twenty years. That's why I've written Oil Fall. https://gum.co/OilFallShow this thread1 reply 0 retweets 0 likesShow this thread -
Emily Cunningham Retweeted Emily Cunningham
Why the market should be waking up to the Carbon Bubble Reason #2 https://twitter.com/emahlee/status/1164770343321362434 … 4/
Emily Cunningham added,
Emily Cunningham @emahleeSuch good news: "the current fossil fuel system runs at a loss, and will amass losses every year." The world's 8th largest bank, BNP Paribas, says: "The economics of renewables are impossible for oil to compete with when looked at over the cycle." Read their report. 1/ https://twitter.com/GregorMacdonald/status/1158763843708805120 …Show this thread1 reply 0 retweets 0 likesShow this thread -
Emily Cunningham Retweeted Emily Cunningham
Why the market should be waking up to the Carbon Bubble Reason #3 https://twitter.com/emahlee/status/1140552712360099841 … 5/
Emily Cunningham added,
Emily Cunningham @emahleeGE lost billions by 'misjudging' renewables: report "GE lost a 'simply staggering' $193 billion in just three years to 2018 -- amounting to almost three quarters of its market capitalisation." h/t @chickamade https://news.yahoo.com/ge-lost-billions-misjudging-renewables-report-114015514.html …Show this thread1 reply 0 retweets 0 likesShow this thread -
Emily Cunningham Retweeted Jenny Chase
Why the market should be waking up to the Carbon Bubble Reason #4 https://twitter.com/solar_chase/status/1183401805180538881 … 6/
Emily Cunningham added,
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Emily Cunningham Retweeted Emily Cunningham
Why the market should be waking up to the Carbon Bubble Reason #5 https://twitter.com/emahlee/status/1163232639966273536 … 7/
Emily Cunningham added,
Emily Cunningham @emahlee"The new mindset and the new reality – underpinned by the numbers and financial analysis – is: already in many places it is cheaper, and in a very short period of time it will be cheaper in most places, if not everywhere, to invest in the lower carbon transition." 9/Show this thread1 reply 0 retweets 0 likesShow this thread
"Entrenched players within the fossil fuel industry, like all incumbents before them, always deny the reality of what’s going on." See below for some recent examples of this kind of failure. What feedback mechanisms are needed? /end https://twitter.com/emahlee/status/1163344785928704000 …pic.twitter.com/81NpbqqXK7
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