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Bank of America Reverses Its Pledge Not to Finance Fossil Fuels (www.nytimes.com)
submitted 9 months ago by silence7@slrpnk.net to c/climate@slrpnk.net
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This leaves us with a loose collection of small banks and credit unions who aren't financing fossil fuels

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[-] ProdigalFrog@slrpnk.net 5 points 9 months ago

It's possible to manipulate a capitalist into doing the right thing, as long as the right thing happens to be more profitable than the bad thing.

this post was submitted on 03 Feb 2024
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Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.

As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades: Graph of temperature as observed with significant warming, and simulated without added greenhouse gases and other anthropogentic changes, which shows no significant warming

How much each change to the atmosphere has warmed the world: IPCC AR6 Figure 2 - Thee bar charts: first chart: how much each gas has warmed the world. About 1C of total warming. Second chart: about 1.5C of total warming from well-mixed greenhouse gases, offset by 0.4C of cooling from aerosols and negligible influence from changes to solar output, volcanoes, and internal variability. Third chart: about 1.25C of warming from CO2, 0.5C from methane, and a bunch more in small quantities from other gases. About 0.5C of cooling with large error bars from SO2.

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