GOOD NEWS THOUGH EVERYONE!
A 3 degree warming scenario, the analysts determined, could more than double the growth rate of the $235 billion cooling market every year, from 3 percent to 7 percent until 2030.
ON A/C
"The world is not on track to limit temperature rise below 2°C — and limiting warming [to] 1.5°C is almost certainly unachievable," the Institute of International Finance writes
The banking industry can support the transition from fossil fuels to clean energy but capital will only move "at scale when the economics make sense," Mary Kate Binecki, a spokesperson for the Institute of International Finance, said in an email.
how the fuck does the long term math of "the planet will be irreparably fucked forever otherwise" not make "economic sense" except to a moron incapable of understanding opportunity costs
Fuck the economy. How about climate change gets fixed and any death cultist running an oil company, the military industrial complex, and every other money-grubbing pig has to eat the losses.
I hope the economy gets destroyed, because this “good economy” threw me to the wayside to rot.
But what about the profit of the oil industry?
Because they believe they'll be dead by then and in the meantime there's money to be made. I dunno, I'm working on honours by research in conservation biology but I just ... Wonder why the fuck I bother some days. Three degrees is a fucking apocalyptic scenario.