'Super funds and investors with $34tn urge leaders to speed up climate action':
This is a pattern we are going to see much more of. As our whole modern capitalist system is one of the very first things under threat under AGW and the climate threat, so it figures the 'penny will drop' on all those individuals and companies that have so much invested in the system. This might be the very first real chance of real change, as all these interests wake up to the truth of our situation.
Super funds and investors with $34tn urge leaders to speed up climate action
Fund managers call on world leaders to bring in carbon pricing and phase out coal power ahead of G20
www.theguardian.com
Superannuation funds and investors representing US$34tn in assets – nearly half of the total under management across the globe – have called on world leaders to bring in carbon pricing and phase out coal power to limit global heating to 1.5C.
Released ahead of a G20 leaders meeting in Osaka, Japan, the statement by 477 institutional investors urges world leaders to accelerate their response to the climate crisis to ensure the goals of the 2015 Paris climate deal can be met.
This is a pattern we are going to see much more of. As our whole modern capitalist system is one of the very first things under threat under AGW and the climate threat, so it figures the 'penny will drop' on all those individuals and companies that have so much invested in the system. This might be the very first real chance of real change, as all these interests wake up to the truth of our situation.